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A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month. The company currently has a work force of 12 people. It takes a worker 3 hours to produce a unit. Assume 8 work hours per day and 20 work days per week.
Demand Data
Jan. Feb. March
Beg. Inventory 200
Forecast demand 500 300 600a.Determine the total production requirement for the month of February.
b.Determine the beginning inventory for the month of March.
c.Determine the total number of units current work force of 12 workers can produce in a month.
d. Determine the total number of workers needed to produce 960 units in a month.
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I am taking finance class. Our books is John C. Hull 2nd edition Risk Management and Financial Institutions. Our HW are from this book. I have four questions I need help with.
Income statement2013 2012 2011 Net revenue 5,075,390.. 4,763,180.. 4,158,507 Cost of goods 1,377,242.. 1,297,102.. 1,134,966.. Gross profit 3,698,148.. 3,466,078.. 3,023,541 Total
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Rockland Corporation earned net income of $346,500 in 2012 and had 100,000 shares of common stock outstanding throughout the year. Also outstanding all year was $924,000 of 10% bon
what is the explanation?
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