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An inventory applycation calls for the weekly updating, or posting, of the merchandise inventory master file from the purchases transaction file and the sale transaction file. This updating process is performed every Friday just before the close of business. Sales of Item No. #12345 are stable at a rate of 5 units a day, 5 days a week. Purchases are made every 3 weeks in quantities of 75 units, and the purchased goods are received first thing Monday morning. On Friday evening, January 28, the inventory level of item No. 12345 in the warehouse is 10 nunits, and the balance for the item in the inventory master file was verified as being correct. The receipt of purchased goods was scheduled for the following Monday. Required: Perform a simulation for the month of February to determine the maximum discrepancy between the actual quantity of item No. 12345 on hand and the balance shown in the inventory master file. (Set up table with a line for each day in the month and calculate the quantity on hand corresponding to the stated pattern of purchases and sales. Also calculate the net transaction activity used to update the inventory master file on each updating date and the resulting balance in the inventory master file.)
Gold Star Delicacies makes small-batch jams and jellies. Their workspace and equipment cost them $2600 per month in loans, and operating costs total an additional $700 per week. Find the break-even point for how many batches of jam they must sell in ..
Illustrate what were stages of development of ELITE team. Identify specific examples of each of four stages of team development in case.
For its most sold product, a department store estimates a stable mean demand rate of 200 units per week and a weekly variance of 1,000 units2, for the whole year. If the store is able to place and receive orders almost immediately and whenever it des..
Describe how you would manage conflicts that arise when one seeks to develop and implement
Identify the factors contributing to the rising cost of health care. When did rising health care costs become an issue? Why are health care costs continuing to rise? What can be done to address this issue?
Based on the above, which of the four basic strategies in international business do you think your company should pursue? Why would you make this choice to organize and align your company to this particular strategy?
Demand for a surgical procedure at St. Use the trend projection method to forecast demand in year 6. Please type only the forecast amount as a whole number by rounding.
In the United? States, it is not uncommon for an hourly worker to approach the CEO to begin a conversation. This happens? because, according to Geert? Hofstede, the American culture displays? ____________. Although? Beva-Cola maintains bottling facil..
Please separate your answers by the parts of the question.Visit a local retailer and while you are there, you need to find a NEW product. It could be identified on the store shelf or on the packaging of the product, but be sure it is identified as NE..
Prospective employers can conduct a credit check along with a background check to determine employment eligibility. Do you feel this is good business practice or an invasion of privacy? Justify your answer with at least three reasons.
On January 1, Y-Company purchased equipment for $425,000 from Big Corporation for use in its manufacturing process. Y-Company paid for the equipment with funds borrowed from New York Bank. On January 19, New York Bank duly filed a sufficient financin..
Dick works as the first-line manager of a team of sales persons at Dowson's Store, a leading clothes retail store. To motivate the sales agents in his team, Dick says that he will not assign weekend work and overtime to the top three sales agents, as..
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