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Rome Corporation is a supplier of ball bearings. Because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created. The current inventory levels are $1,500,000 and $2,000,000, respectively. In addition, finished goods inventory is $3,500,000, and sales (at cost) for the current year are expected to be about $28 million. Assume they operate 50 weeks per year. a. What is their total inventory (measured as weeks of supply)? b. What is their inventory turnover?
Illustrate what is probability that demand will be greater than or equal to a given inventory level (P) such that (or where) expected marginal profit will equal expected marginal loss.
Explain the meaning of and list the six main components of an informal proposal. Using the Web, locate, review, and briefly report on an actual Business Proposal. Is the proposal formal or informal? Summarize the key points.
The power at Ice Station Lion is supplied via solar cells. Once a year, a plane flies in and sells solar cells to the ice station at a price of $20 per cell. Because of uncertainty about future power needs,
Labor negotiators generally prefer to use arbitration in resolving a contract negotiation impasse because then they can control the outcome of the process. Before a contract is officially accepted, the union negotiating team submits the agreement to ..
the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of .8 to forecast attendance for the eight year. 57,78,75,102,108,131,164
When the partnership is dissolved, its assets are $50,000, and its debts are $8,000. How should the assets be distributed? Be very specific as to the order of who gets paid what amounts when and why.
Sales of tablet computers at Ted Glickman's electronic store in Washinton D.C over the past 10 weeks are shown in the table below". Forecast demand for each week including week 10, using exponential smoothing with a=.5 (initial forecast=20) Compute t..
What might be some useful measures to understand and evaluate the performance of reverse logistics? Read the article on Reverse Logistics first under Course Home
"Six months after you hired an assistant accountant who has been working competently and responsibly, you learn that she departed from the truth on her employment application: she claimed she had a college degree when she didn’t. You’re her manager; ..
How might an organization integrate the concept of compensation systems from an internal and external perspective, with an understanding of those same or similar concepts from a Christian worldview?
How does cause or corporate societal marketing affect your personal consumer behavior? Do you ever buy or not buy any products or services from a company because of its environmental policies or programs? Why or why not?
Give us examples from one of your current or past employers and select a company (back your info up with at least 2 articles that you will list) and use critical thought and analysis to explain how it did this.
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