User Account

All Pages

What is the target inventory level needed

Assignment Help Accounting Basics
Reference no: EM133188620

Question - A distributor of computer monitors purchases the monitors from an overseas supplier under a continuous review system. The average demand for a popular computer monitor is normally distributed with a mean of 50 units a day and a standard deviation of 10 units a day. It costs $75 to process each order and there is a 16 day lead time. The holding cost for each monitor is $20 per year and the distributor wishes to maintain a 90% service level. The distributor operates 300 days in a year. The distributor would like to use a periodic review inventory system to manage their inventory. Use the information in Scenario 9.15. What is the target inventory level needed to achieve a 90% service level?

greater than 1250 units but less than or equal to 1500 units

less than or equal to 1000 units

greater than 1000 units but less than or equal to 1250 units

greater than 1500 units

Reference no: EM133188620

Questions Cloud

Concept in bold emphasis : Consider. In your view, how might you suggest that this one negative impact be resolved? Do you think more/different technologies can make the situation better?
Concepts of masculine leadership : Using specific examples, contrast the concepts of masculine leadership and feminine leadership.
Establishing business relationships : Establishing business relationships Outline your role and the industry that you operate in. give details of: 1. communication channels and policies
Formulate a mathematical model : Where X represents units of production of product X and Y represents units of production of product Y. Producing one unit of product X requires 5 labor-hours an
What is the target inventory level needed : Use the information in Scenario 9.15. What is the target inventory level needed to achieve a 90% service level
Calculate the net present value : The Robinson Corporation has $25 million of bonds outstanding that were issued at a coupon rate of 10.750. Calculate the net present value
Distributed system development projects : Research and analyse various types of distributed system development projects considering scalability and fault tolerance
What type of account is each, asset, liability, equity : FOB shipping point. 100 items of BAC at a cost of $50 each. Identify two accounts and what type of account is each, asset, liability, equity, revenue or expense
Prepare the production budget for may : Each month's ending inventory of finished units should be 50% of the next month's sales. Prepare the production budget for May

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd