2. (Type 8, 3 points) A regional supermarket is open 360 days a year. Daily use of cash register tapes is 10 rolls. The purchase price of the tape is $ 2 and carrying cost is 45 cents per roll a year. Ordering cost is $ 10 per order. The order replenishment lead time is 7 days. What is the Order Point (re-order point) assuming demand is known and constant

Answers

Answer 1

The Order Point (re-order point) assuming demand is known and constant is 96.63 rolls.

The formula for Order Point (re-order point) is:
OP = dL + SS
Where:
d = daily usage rate
L = lead time (in days)
SS = safety stock (in units)

Using the given information:
d = 10 rolls/day
L = 7 days
Carrying cost = $0.45/roll/year
Ordering cost = $10/order

To calculate SS, we need to first calculate the annual demand:
Annual demand = 10 rolls/day x 360 days = 3,600 rolls/year

Next, we can calculate the average inventory level (AIL):
AIL = (Q/2) + SS
Where:
Q = order quantity

To find the optimal order quantity (EOQ), we can use the following formula:
EOQ = sqrt((2SD)/H)
Where:
S = annual demand
D = ordering cost per order
H = carrying cost per unit

Plugging in the given values:
S = 3,600 rolls/year
D = $10/order
H = $0.45/roll/year

EOQ = sqrt((2x3600x10)/0.45) = 848 rolls

Now we can calculate AIL:
AIL = (848/2) + SS

We can use the following formula to find SS:
SS = z * σ * sqrt(L)
Where:
z = Z-score for desired service level (assuming 95%, z = 1.65)
σ = standard deviation of demand during lead time (assuming demand is constant, σ = sqrt(dL))
L = lead time

Plugging in the given values:
z = 1.65
σ = sqrt(10x7) = 8.37 rolls
L = 7 days

SS = 1.65 * 8.37 * sqrt(7) = 26.63 rolls

Now we can calculate OP:
OP = dL + SS = 10 rolls/day x 7 days + 26.63 rolls = 96.63 rolls

Therefore, the Order Point (re-order point) assuming demand is known and constant is 96.63 rolls.

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Related Questions

The possibility that poor sales were due to rejection of the health claims by the european union indicates that this product failure was primarily due to _______.

Answers

The likelihood that the European Union's denial of the health claims contributed to the product's low sales suggests that business analysis played a major role in this failure.

Business analysis: What is it?

Business analysis is the process of identifying a company's poor sales, completing tasks to ascertain those needs using specialized approaches, and then advocating adjustments and offering solutions that add value for the stakeholders or health claims. Software systems development is a common component of solutions, but they can also involve process improvements, organizational change, strategic planning, and policy creation. Product failure, Planning and management of requirements are steps in the business analysis process, Elicitation of Requirements, Analysis and documentation of requirements

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hi guys um so i need help with ur mom lol hahahaha

Answers

Really you just gonna spam me unbelievable...-_-
how can i help you with this? i love moms too

Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage

Answers

Answer:

$26.923

Explanation:

Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year

if the company pays 90% of $7000, then Mark pays 10% of $7000

Mark pays = 10/100 x $7000

=0.1 x $7000

=$700

The amount of $700 is spread over 26 weeks.

Each paycheck, Mark will be deducted

=$700/26

=$26.923 per check

1. Define Trade, Import and Export

2. List items the U.S. imports and exports.

Answers

Answer:

food and clothing

Explanation:

import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.

The development of market power by a firm is considered to be a market failure because firms with market power will

Answers

The correct answer is that firms with market power will produce less and charge a higher price than what would be socially optimal.

Why is a brand important to a business?

Answers

good branding increases the value of a company, provides employees with direction and motivation, and makes acquiring new customers easier.

Marginal analysis is an examination of the associated costs and potential benefits of specific business activities or financial decisions. The goal is to

Answers

The associated costs are examined by a marginal analysis. The objective is to determine whether the advantages of the new activity will be significant enough to outweigh the disadvantages.

Marginal analysis is commonly used in microeconomics to investigate the effects of marginal manipulation of the variables that make up a complex system.

In this respect, marginal analysis focuses on examining the results of minor changes as their effects spread throughout the entire company.

Marginal analysis is the process of evaluating the costs and potential benefits of specific business activities or financial decisions.

The goal is to determine whether the advantages of the new activity will be significant enough to outweigh the disadvantages. Instead of the whole business output, the influence on production costs for a single item is often used as a point of comparison.

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Which of the payment options would you recommend to a new employee? a. either one. hourly and salaried employees earn the same amount per week. b. hourly pay. hourly employees make more per week than salaried employees. c. salaried pay. salaried employees make more per week than hourly employees. d. there is not enough information given to compare weekly earnings. please select the best answer from the choices provided a b c d

Answers

The payment option would you recommend to a new employee is option B.  hourly pay. hourly employees make more per week than salaried employees.

A corporation is someone, an employer, or an employer that employs humans and pays them for work. The folks that are paid to paint are called employees.

An employee is someone who receives paid for paintings for a person or enterprise. people do not need to paint full time to be taken into consideration personnel they simply want to be paid to paint with the aid of a business enterprise the man or woman or business that can pay them.

The definition of an employee is one who works for a person else or an enterprise in change for wages or a few different agree-to reimbursements. An example of an employee is a person who is hired with the aid of McDonald's and is paid a certain amount of money for each hour worked.

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Answer:

its C

Explanation:

"Salaried pay. Salaried employees make more per week than hourly employees."

took test 2023

let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by %. give your answer to one decimal.
Choose one: A. People and banks were spending their money at faster rates.
B. There was a substantial increase in the money supply.
C. People and banks were holding on to their money longer.
D. The inflation rate was negative.

Answers

There is some indication that the United States may be entering a recession as a result of the fact that now the economy shrunk in the second period and GDP fell by 0.9%.

A shrunk economy is what?

Economic contraction is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing less than it did previously. In order to create less goods and services, businesses must use fewer resources, especially labor.

The US economy has it shrunk?

One definition of the a recession is supported by the most recent GDP measurement, which shows that the US economy contracted for two consecutive quarters. During in the 2nd period of 2016, the US GDP contracted by 0.6%.

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What is guaranteed by an implied warranty for all products?

A. That the product will work as described for a reasonable amount
of time
B. That no maintenance will be required for the product for at least
one year
C. That the retail company will match the price of any competitor
D. That the company will replace the product with any newer version
of it that is released within six months

Answers

a. that the product will work as described for a reasonable amount of time

At what depth does an employer need to use a protection system to ensure the safety of workers in a trench or excavation?

a. 3 feet

b. 4 feet

c. 5 feet

d. 6 feet

Answers

An employer needs to use a protection system to ensure the safety of workers in a trench or excavation at a depth of 5 feet.

According to safety regulations and standards, when workers are working in a trench or excavation, an employer is required to use a protection system once the depth of the trench reaches 5 feet or more. The purpose of the protection system is to prevent cave-ins and ensure the safety of the workers. This system can include various measures such as sloping, shoring, or shielding to provide support and stability to the trench walls. Using a protection system helps mitigate the risk of accidents and injuries associated with trench work.

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In a business combination, costs of registering equity securities to be issued by the acquiring company are a(n)

Answers

In a business combination, the cost of registering equity securities to be issued by the acquiring company is considered a direct cost. Such costs are directly related to the acquisition process and are incurred to execute the transaction.

Therefore, they are not included in the calculation of goodwill. Direct costs typically include costs of advisors, lawyers, accountants, and other professionals who are hired to provide services directly related to the acquisition process. Other direct costs may include due diligence costs, valuation costs, legal fees, and other expenses incurred in relation to the acquisition process.

These costs are typically reported as expenses in the period they are incurred. However, it is important to note that these costs cannot be capitalized if the acquisition is not completed. The cost of registering equity securities to be issued by the acquiring company is typically a significant cost, particularly if the securities are to be listed on a stock exchange.

These costs can easily exceed $1 million or more and may be subject to additional fees based on the number of shares issued. Overall, direct costs of a business combination can be significant and should be carefully considered when evaluating the cost-benefit of an acquisition.

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or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.

Answers

Answer: protectionism, tariffs, quotas, tariffs, European,

retaliatory, increase, cheaper, losses

Explanation: Plato / Edmentum

How is international trade different from global trade?

Answers

international trade means a trade that done out side the country you living in even if you export things to your neighbor country it called international trade. for example usa to Mexico

but we use global trade to thing that done out side the continent for example Asia to Europe

PLEASE HELPPPPP
In PBL students use...?

Question 1 options:

communication skills


design skills


research skills


all of the above

Answers

ANSWER:

all of the above

Why do people enter an apprenticeship rather then attend college?

Answers

    And here are three great reasons to choose an apprenticeship instead: 1. You need to start earning a livable wage.  On average, college costs $23,600 per year — and if you don't finish with a degree, you still have to pay for the classes you took.

    Benefits of Apprenticeship

Customized training that meets industry standards, tailored to the specific needs of businesses, resulting in highly-skilled employees.

Increased knowledge transfer through on-the-job learning from an experienced mentor, combined with education courses to support work-based learning.

    Apprenticeships are an excellent way to gain access to a company or a sector you want to work in, and if you do a great job and become a valued member of the team, it will put you in a strong position when there are permanent job opportunities. Learn transferable skills

    If you're someone who really wants to embrace the student experience and explore your course subject in-depth, going to university might be for you. If you enjoy hands-on learning, want to get paid for on-the-job training and get a degree without tuition fees, then an apprenticeship could be a good option.

     Though they receive valuable training, individuals often endure both pros and cons of apprenticeships. You might want to research the pros and cons tho.

    A person is eligible to undertake an apprenticeship or traineeship in NSW if they are: an Australian citizen, or. a foreign national with permanent residency, or. a New Zealand passport holder who has been a resident in Australia for more than six months.

    I HOPE THIS HELPS AND MAYBE I COULD GET  BRAINLIEST <3

Answer:

So you dont have to go to college?

Explanation:

In its December 31, 2022 balance sheet, what would be the total cash and cash equivalents?
A. $75,000
B. $88,000
C. $38,000
D. $40,000

Answers

The entire amount of cash and cash equivalents on its balance sheet as of December 31, 2022 will be $38,000. Option (C) is hence the appropriate response.

A company that only accepts cash as payment can calculate its earnings by taking out the whole amount of its bank account at the end of the accounting cash period, plus any cash on balance sheet hand.

However, a lot of enterprises do not get paid right once, so they accumulate product inventories and buy structures and equipment. To put it another way, corporations have assets, so even if they wanted to,

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In order for a person to recognize needs that are not being met and make a career out of fulfilling unmet needs, that person must have _____.

Answers

Answer:

sight and foresight

Having just one error on a cover letter may eliminate an applicant from being considered for employment.

Answers

Answer:

i think its true

Explanation:

im sorry if im wrong

who here from K12? (sorry for asking this question)

Answers

Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

People are living paycheck to paycheck why is that a problem

Answers

Living “paycheck to paycheck” can be a problem because most of the time people would have no money in their savings account and you wouldn’t meet your financial problems if unemployed.

When buying a car from a commission salesman you improve your bargaining position by:_________

Answers

When buying a car from a commission salesman you improve your bargaining position by shopping when the new model year cars have just arrived.

A sales commission is typically an amount paid to an employee upon completion of a task for the sale of a specified quantity of goods or services. employers sometimes use sales commissions as an incentive to increase employee productivity. commissions may be paid in addition to or in lieu of salary.

When you ask someone to do something or ask someone to do it, you are officially getting someone to do the work. the ministry of agriculture has commissioned a study on organic farming. You can ask them to draw something special for you.

Commissions, also known as sales commissions, are payments made to employees based on the sales they make. create invoices for free with sum up invoices. commissions are often calculated as a percentage of sales.

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What are the effects of an increase in labor productivity on potential GDP, the
quantity of labor, the real wage rate, and potential GDP per hour of labor?

Answers

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

What are the effects of an increase in labor productivity on potential GDP, the quantity of labor, the real wage rate, and potential GDP per hour of labor?

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

However, the effect on the quantity of labor and real wage rate is less clear-cut. In some cases, an increase in productivity can lead to an increase in the demand for labor and therefore higher wages. In other cases, it can lead to a decrease in demand for labor and lower wages. Ultimately, the effect on potential GDP per hour of labor will depend on the relative changes in output and labor inputs.

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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

the responsibilities for admitting, seating, and providing for the general comfort of the audience fall to the group of answer choices house manager. assistant stage manager. director. designer.

Answers

The house manager, option A, is in charge of admitting guests, seating them, and ensuring their general comfort.

During the show's run, the house manager is in charge of making sure everything runs smoothly in the house, which is normally the foyer and the seating area for the audience. Before, during, and just after the performance, house managers greet guests and look out for their safety and welfare.

The ushers who take tickets and direct customers to their seats are also scheduled, trained, and under their supervision. Additionally, prior to the performance, they conduct a "walk-through" to make sure the theater is tidy and attractive for the audience.

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Correct question:

The responsibilities for admitting, seating, and providing for the general comfort of the audience fall to the:  group of answer choices:

house manager.

assistant

stage manager.

director.

designer.

an artist brought a breach of contract claim against a museum...what effects will the dismissal order have

Answers

Answer:

The artist will not be able to refile or restart the same claim again.

Explanation:

The breach in a contract means when one of the party who have entered into an agreement fails to perform or deliver according to the contract terms made in the agreement.

In the context, the dismissal is be able to operate as the adjudication on its merits which \(\text{precludes the artist from re-asserting the same claim}\) in some newly filed action. This involuntary dismissal are also prejudice, so that artist will not be able to re-start the same claim in a newly filed action.

Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.

Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?

Answers

Answer:

a) The value of one bond is $837.08.

b) The total amount Tim Horton would raise if all bonds were sold is $83,708.

Explanation:

a) Calculate the value of one bond

This can be calculated as follows:

Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60

Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)

Where;

r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04

n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30

Substituting the values into equation (1), we have:

Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645

Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76

Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32

Therefore, we have:

Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08

Therefore, the value of one bond is $837.08.

b) What is the total amount Tim Horton would raise if all bonds were sold?

Number of bonds expected to be sold = 100

Value of one bond = $837.08

Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708

Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.

Ell us about a time when your attention to detail was critical in preventing a major issue/error

Answers

Tell us about an error instance when your focus on detail was essential in avoiding a significant way is troubleshooting error.

The capacity to concentrate on a particular job while carefully considering and attending to all of its important features might be characterized as attention to detail. An illustration of paying attention to detail is finding and fixing any typos or grammatical problems in an email before sending it.

When describing anything that is more substantial, serious, or crucial than other elements within a group or circumstance, you use the word major. If the situation is casual, use the word "issue." You may use the word "issue" while discussing a political matter or a topic for a discussion. if the circumstance is official.

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Correct Question:

Tell us about a time when your attention to detail was critical in preventing a major issue/error.

after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin help increase the chance of long-term success for your business, even if additional competition enters your community.

Answers

Answer:

Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.

Explanation:

The thinking of the margin that increase the chances of the long term success should be explained below.

Long term success:

If we think on the margin so we assure that each & every pair of inserts generated should be converted in a profit. Once a profit is no longer being made on a pair of inserts, so here the production should be cut back. Understanding these margins will also help for  stay competitive in a market.

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according to the dual cycle identity model, the formation cycle of identity development includes which of the following?

Answers

According to the dual-cycle model, self-identity is a construct made up of five dimensions: commitment making, identification with commitment, investigation in breadth and depth, and ruminative exploration.

What is the dual cycle identity model?

Two identity formation processes (exploration in breadth and commitment making) and two assessment processes make up the dual-cycle model developed by Luyckx et al (exploration in depth and identification with commitment). In other words, decisions are made after exploring various life areas.

The establishment of identity commitments, which represent decisions taken in identity-relevant areas, is the primary emphasis of the first cycle. This cycle includes both the broad investigation and commitment-making stages. In a dual cycle, fuel injection begins just as the piston approaches TDC. Due to its lower cut-off ratio than the diesel cycle, the dual cycle will be more efficient than the diesel cycle at the same compression ratio.

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