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Bragg Johnson, materials manager at Johnson & Sons, has determined that a certain product experienced 3.8 turns last year, with an annual sales volume (at cost) of $975,000. What was the average inventory value for this product last year? What would be the average inventory level if inventory turns could be increased to 6.0?
How well do you think the Incident Command System (ICS) has contributed to effective response efforts in the United States? Has it made the jobs of first responders more manageable? Where do you think further improvements are needed?
A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $10,400 per month and variable costs of $0.73 per unit produced. The volu..
Qualitative researchers can best address concerns about validity in their study design and their data by: collecting some quantitative data ensuring that all participants provide informed consent use one objective, reliable method for collecting data..
“The LIFO Conundrum: Convergence of US GAAP with IFRS and Its Implications on US Company Competitiveness.” In the article, the author describes one implication for the FASB / IASB harmonization of accounting standards: that the IASB does not permit t..
Project A has an NPV of $20,000 and a PI of 1.2. Project B has an NPV of $10,000 and a PI of 1.3. Both projects have equal lives. Which project should be preferred if we are NOT concerned with capital rationing (that is, we are NOT concerned with bei..
daily demand for a product is approximately normally distributed with a mean of 138 and a standard deviation of 24 units. Order lead time is 9 days. Illustrate what is appropriate reorder point (in units) if target service level is 82%.
What kinds of interorganizational strategies could U.S. companies use to enforce any ethical codes they develop? What is General Mills Business level strategy? Corporate level Strategy? International level strategy?
Using the appropriate legal terminology, assess the procedural framework of the American legal system and, from the perspective of a business, the costs and benefits of the options available for dispute resolution. For example, should every business ..
How does the innovative use of color in Impressionistic painting translate into sound?
Why do most lenders prefer to see a well-developed business plan before loaning money?
Personal reaction to the cons and pros of international business. The definition of international business. Challenges of international business.
An industrial food processor needs to design a product layout for a new line of frozen pizza. The company plans to use this new production line eight hours a day in order to meet projected demand of 1,200 pizzas per day. Calculate the cycle time of t..
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