Which is the most expensive item using annual dollar volume

Assignment Help Operation Management
Reference no: EM131356324

Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weekly basis:

INVENTORY ITEM

$ VALUE/CASE

# ORDERED/WEEK

Ribeye steak

135

3

Lobster tail

245

3

Pasta

23

12

Salt

3

2

Napkins

12

2

Tomato sauce

23

11

French fries

43

32

Pepper

3

3

Garlic powder

11

3

Trash can liners

12

3

Table cloths

32

5

Fish filets

143

10

Prime rib roasts

166

6

Oil

28

2

Lettuce (case)

35

24

Chickens

75

14

Order pads

12

2

Eggs (case)

22

7

Bacon

56

5

Sugar

4

2

a) Which is the most expensive item, using annual dollar volume?

b) Which are C items?

c) What is the annual dollar volume for all 20 items?

Reference no: EM131356324

Questions Cloud

Which portfolio is undervalued : Consider two portfolios in a single factor world. Portfolio A has a beta of 0.1 and an expected return of 13%. Portfolio B has a beta of 0.4 and an expected return of 15%. The risk-free rate is 10%. Which portfolio is undervalued?
What figures will enrique report to upper management : For reporting to upper management, he wants to present this information as a before-tax IRR. If Monterrey Meat Products pays 53% corporate taxes, what figures will Enrique report to upper management?
Dividend payout ratio : (Dividend payout ratio) Carson Electronics earned $2.4 million in net income last year and for the first time ever paid its common stockholders a cash dividend of $0.02 per share. The firm has 10 million shareholders. What was Carson’s dividend payou..
What factors could possibly lead to this : SE is a twenty-two-year-old Caucasian woman who was diagnosed with asthma at age seven. According to her medical record, she has "mild persistent" asthma. Today, she reports that she has been using her albuterol metered-dose inhaler (MDI) approxim..
Which is the most expensive item using annual dollar volume : Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weekly basis: Which is the most expensive item, using annual dollar volume? Which are C items
Determine the economic lives for assets al and bl : Create a diagram showing the EAC(capital), the EAC(operating), and the EAC(total) for Assets Al and Bl .
What extent are we free to think for ourselves about matter : To what extent do our moral ideas reflect the society around us, and to what extent are we free to think for ourselves about moral matters? How do you explain the fact that in the business world basically good people sometimes act immorally?
Draw an activity chart for a machine operator : Make a process chart for changing the right rear tire on an automobile. Draw an activity chart for a machine operator with the following operation
What research supports these theories and concepts : Two Practice-Specific Concepts: Identification, discussion, and documentation from the literature of your perspective on at least two other concepts specific to your own practice.What philosophies and theories from the literature of nursing and ot..

Reviews

Write a Review

Operation Management Questions & Answers

  How stakeholders analysis affect project risk management

Using the stakeholder analysis template for a company that you are familiar with, determine the key stakeholder, and categorize them by their attude, power and interest dimensions.

  Reporting structures-information and communication structure

The changes needed to the organization structure i.e. reporting structures, information and communication structures, HR management policies, locations and facilities etc. and

  Intellectual property rights prior to starting consulting

Which document would Alex, a computer programmer, sign in order to protect his intellectual property rights prior to starting a consulting project?

  Suppose the break-even quantity in make-or-buy situation

Suppose the break-even quantity in a make-or-buy situation is 1.5 million units. The expected production quantity is 1 million units. In-house production incurs a lower fixed cost but a higher per-unit variable cost as compared to outsourcing. Then w..

  Explain advantages of entering market early

What are some of the advantages of entering a market early? Are there any advantages to entering a market late?

  Under the strategic management process

Under the Strategic Management Process, write a one page memo to your supervisor using this process about how you plan to move forward with supervising a new strategy to sell sneakers made in Massachusetts in China. Hint: each step should describe a ..

  Explain the organization and purpose of chaebols

Explain the organization and purpose of chaebols. Identify the positive and negative characteristics of chaebols for both local and global economy. Also, explain the role they play in the South Korean economy.

  Identify the various types of managed care plans

Identify the various types of managed care plans. List issues that have impacted the doctor-patient relationship due to the development of MCOs and the change in what the MCO expects from a doctor. After listing the issues, discuss the positives and/..

  Consider a local retailer and analyze its inventory policy

Consider a local retailer and analyze its inventory policy (as best you can). Make some determination of the retailer's policy on inventory levels, stock-outs, backorders, and safety stock. Provide reasons why you chose those policies for that par..

  What theory of international trade

If you read the theories of absolute/comparative advantage, you would expect that tropical countries will grow and export bananas while temperate countries will grow and export wheat. What theory of international trade might offer an explanation for ..

  Implications of the internal and external analyses

Impart your understanding and the organizational implications of the Internal and External Analyses!

  Hamburger joint so that content validity is achieved

Revise the following assessment of customer satisfaction for Jim Dandy’s Hamburger Joint so that content validity is achieved. Please indicate your satisfaction with Jim Dandy’s Hamburger Joint using a scale of 1=very satisfied, 2=some what satisfied..

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!

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