Answer:
The multiple choices:
$35,000.
$23,333.
$70,000.
$17,500.
$0.
The fourth option,$17,500 allocated cost is the correct answer.
Explanation:
The joint cost of $70,000 can be apportioned between the logs of different grades using the sales price of each log as highlighted below:
The sales value of each =board feet*bd. ft
Structural market price =25,000*1350/1000=$33,750
No 1 common market price=75,000*750/1000=$56,250
No 2 common market price=100,000*300/1000=$30,000
Total market price $120,000
The joint cost allocated to No.2 common =market price of no.2 common /total market value*joint cost
the joint cost allocated to no.2=$30,000/$120,000*$70,000=$17,500
Answer:
The answer is True.
Explanation:
The center of gravity method is a concept under <em>Operations Management</em> as it relates to facilities distribution such as warehouses or fulfillment centers.
Center of Gravity Strategy/Method is defined as a concept that seeks to calculate geographic coordinates for a potential single new facility that will minimize costs. Under this approach the main factors considered are:
- Cost of Shipping
- Markets
- Volume of goods shipped
Operations managers prefer to use this approach in siting the location of their facilities because:
- It minimizes cost.
- It is simple to compute
- It takes in to consideration existing facilities
How to use the Center of Gravity Method
Step 1:
- Place existing facility(ies) such warehouse, fulfillment center, and distribution center locations in a coordinate grid.
- situate the grid on an ordinary map.
- The distances between the facilities must be noted.
Step 2:
Then, using the equations below,
Fx= ∑ dix Vi/ ∑ Vi
Fy= ∑ diy Vi/ ∑ Vi
Proceed to calculate the X and Y coordinates using these equations where Fx is the X (horizontal axis) coordinate for the new facility, and
Fy is the Y (vertical axis) coordinate for the new facility, dix is the X coordinate of the current location, diy is the Y coordinate of the existing location, and Vi is the volume of goods moved to or from the <em>i</em>th location.
Step 3:
After you have obtained the X and Y coordinates place that location on the map.
This approach allows for point of departure – or, literally, a starting point of where (from the perspective of longitude and latitude) you options are for where to grow your fulfillment or logistics network.
Cheers!
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Answer:
The correct answer is letter "C": global new venture.
Explanation:
A global new venture is an investment made by a middle size company abroad that typically has for mission the accomplishment of social well-being. These ventures are characterized by being funded by themselves without the need for a merger or a joint venture.
Answer:
E. Ownership
Explanation:
As we know that
The utility refers to the satisfaction level of the consumer while consuming the goods
In addition, The utility are of four types i.e form, place, possession, and the place
So according to the options given in the question, the last option is correct i.e ownership
Hence, the first four options are wrong.
