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Novay_Z [31]
1 year ago
6

The Hawkins Supply company is currently faced with an inventory rotation problem. This difficulty stems from the fact that some

supplies must be used prior to a stated expiration date. Upon receipt, a new shipment of these perishable items must be stacked beneath the boxes that are currently in inventory. A substantial amount of time is consumed in restacking the items according to their expiration dates.
Business
1 answer:
Serga [27]1 year ago
7 0

Here's the completed question.

Question: The company would like to reduce the double and sometimes triple handling of items. How can this goal be achieved? Are there alternative solutions which might also be effective?

Answer:

1. Using the Just in Time Management inventory technique.

2. Using automated inventory processing systems, changing physical layout of warehouse.

Explanation:

1. The Just in time method would allow Hawkins Supply company to quickly process its inventory by adopting a principle of processing smaller batches with reduced factory space. Doing so would minimise the worries about expired inventory since the inventory isn't excessive.

2. There are automated softwares such as the KANBAN system that would automated the process, requiring lesser use receipts to track inventories. Another alternative is to restructure the warehouse by making provision for racks that could be numbered serially to easily find desired inventory.

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The Milwaukee Bucks are considering whether they should add an additional vending area, at a cost of $500,000, to the new arena
Natasha_Volkova [10]

Answer:

The required cash flow to earn 15% per year is $ 149,157.8

Now, If the expected cash flow is more than $ 149,157.8 per year, they can invest the amount, else it is not suggestible/advisable.

Explanation:

Solution

Given that:

Milwaukee Bucks are considering whether they should add an additional vending area, at a cost of = $500,000

The investment to be made will result in a ROR = 15%

Expected revenue = between $138,000 and $165,000

Now,

The Computation of Required Cash flow per year is stated as follows:

= Initial Investment / PVAF (r%, n )

= $ 500,000 / PVAF (15%, 5)

= $ 500,000 / 3.3522

= $ 149,157.8

Thus,

The required flow of cash to earn 15% per year is $ 149,157.8

If the expected cash flow is more than $ 149,157.8 per year, they can invest the amount, else it is not suggestible.

7 0
2 years ago
Assume Atlantic Fish sells 3,200 pounds of fish per month at a price of $2.90 a pound. The variable cost per pound is $2.22. Cur
blsea [12.9K]

Answer:

The break-even level of sales is equal to 3372.64 pounds.

Explanation:

The quantity of fish sold per month is 3,200 pounds.

The price of fish is $2.90/pound.

The variable cost per pound is $2.22.

The monthly required return is 1.2%.

Contribution per unit will be

=Selling Price-Variable Cost

=$2.9-$2.22

=$0.68 per unit

Loss on account of changing to net 30 policy

=Quantity*Selling Price*required return

=Quantity*$2.9*1.2%

To break even, excess Contribution should be equal to loss on policy change

or,

Here, we assume quantity to be X

(X-3200)*$0.68 = X*$2.9*1.2%

(X-3200)*19.54= X

18.54X=$62,528.74

X=\frac{62,528.74}{18.54}

X=3372.64 pounds

3 0
1 year ago
Steven Diaz just took a job with Harley Davidson. As part of his employment agreement, Harley Davidson required Steven to sign a
il63 [147K]

Answer:

Non-compete

Explanation:

A non-compete agreement is when an emoloyee agrees not to enter into or start a similar profession in competition against her employer.

Majority of agreements stipulated the length of time an employee isn't allowed to enter into or start a similar profession in competition against her employer.

I hope my answer helps you

5 0
2 years ago
The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi
tensa zangetsu [6.8K]

Answer:

25.25%

Explanation:

With a fill area of 50,000m^{2}, and an installed liner cost of $8, the total cost of installation = 50,000 * 8 = $400,000.

Annual average annual cost = $400,000/4 = $100,000 (since the fill area is adequate for 4 years).

Estimated annual revenue = P_{p}* V_{p} +P_{d}* V_{d}+P_{c}* V_{c}

(P = Price, V = Value, p = Pick Up, d = Dump Truck, c = Compactor Truck)

= (10*2,500) + (25*650) + (70*1,200)

= $125,250.

Therefore, annual rate of return = \frac{125,250}{100,000} - 1 = 25.25%.

7 0
2 years ago
Manufacturing overhead data for the production of Product H by Shakira Company are as follows.
ivanzaharov [21]

Answer:

$3,000 (A)

Explanation:

Total overhead variance is the difference between actual fixed overhead cost and overhead budgeted cost. Budgeted overhead cost is overhead rate multiplied by actual direct labor hours , while overhead rate is the total of variable overhead and fixed overhead rate.

Total overhead cost variance is computed as;

= Actual fixed overhead cost - Budgeted overhead

= $263,000 - ($5 × 52,000)

= $263,000 - $260,000

= $3,000 (A)

Therefore total overhead cost variance is $3,000 (A).

8 0
1 year ago
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