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7nadin3 [17]
2 years ago
8

The process of first creating and then developing and strengthening capabilities internally

Business
1 answer:
REY [17]2 years ago
6 0

Answer:

B. requires first developing the ability to do something, however imperfectly or inefficiently perform their assigned activities in a tightly-prescribed manner developed by the company's foremost technical experts second, translating this ability into a tried-and-true competence and/or capability by learning to do the activity consistently well and at an acceptable cost, and then continuing to polish, refine, and sharpen their performance of the competence or capability, striving not just for ongoing improvements but, ultimately, for best-in-industry or best-in-world proficiency

Explanation:

If a company chooses to develop it's competencies and capabilities internally and not externally by maybe choosing to outsource experts or merging or collaborating with companies with required competence and expertise, then they would have to follow through with the process of developing and nurturing internal capability and competencies. To proceed with internal competence, a company would need to hire experts if there are none in the company, these experts would train staff who follow through with the process in the option chosen above.

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Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped d
RSB [31]

Answer:

The total cost involved in shipping the containers to country U.S is $2,594,930

Explanation:

Consider the following information regarding Company WWG:

Total Current volume (CBM) = 190,000  

Direct shipping percentage = 0.89  

Direct ship Volume (CBM) = 169,100  

Consolidation center volume = 190,000 - 169,100 = 20,900

Calculate the shipping cost of the company as shown below:  

Shipping Cost calculations

Direct ship by Container type (in Feet)  20    40  

Volume (%)                            0.21    0.79  

Volume (CBM)                169,100*0.21          169,100*0.79

                                                                          = 35,511           =133,589

Container capacity used         85%    85%

Container center by container type

Volume (%) = 100  

Volume (CBM) = 20,900

Container capacity used = 96%

Container capacity (CBM) (34)  

Container shipped = 35,511/ (34*0.85) =1,229  

Shipping Cost per container = $480

Shipping Cost by container size ($) = 1,229*480 4589,920

Container capacity (CBM) (67)      

Container shipped  = 133,589/ (0.85*67) + 20,900/ (0.96*67) = 2,671  

Shipping Cost per container = $600

Shipping Cost by container size ($) = 2,671*600 = $1,602,600

Calculate the total shipping cost as shown below:  

Total shipping cost = $589,920+$1,602,600 = $2,192,520

Calculate the consolidation center operating cost as shown below:

Number of centers = 4

Annual fixed cost per center = $75,000

Total annual fixed cost = $75,000*4 =$300,000

Variable cost per CBM = $4.9

Total annual variable cost = 20,900*$4.9 = $102,410

Total annual consolidation center costs = $300,000+$102,410= $402,410

Calculate the total cost involved in shipping containers to the Country U as shown below:

Total Cost = Total Shipping Cost + Total Annual Consolidation center Cost  

     = $2,192,520 + $402,410

     = $2,594,930

Hence, the total cost involved in shipping the containers to country U.S is $2,594,930.

4 0
2 years ago
Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Se
slega [8]

Answer:

Net operating income= $84,400

Explanation:

Giving the following information:

Selling price per unit $ 170

Variable manufacturing costs per unit $62

Variable selling and administrative expenses per unit $6

Fixed manufacturing overhead​ (in total) $32,000

Fixed selling and administrative expenses​ (in total) $6,000

Units produced during the year 1,600

Units sold during year 1,200

Income statement:

Sales= 170*1,200= $204,000

Variable costs= 62*1,200= (74,400)

Contribution margin= 129,600

Variable selling and administrative= (6*1,200)= (7,200)

Fixed manufacturing overhead= (32,000)

Fixed selling and administrative expenses= (6,000)

Net operating income= $84,400

3 0
2 years ago
Henry Co. manufactures DVD players. At the end of Year 1, Henry's management believes the growing popularity of streaming video
zysi [14]

Answer:

Not impaired because the fair value of the equipment is greater than the carrying value of the asset by $120,000.

Explanation:

Impairment will happen if carrying amount is greater than the fair value of the assets, here the carrying value of the assets is 1,480,000, which is lessor than the fair value of the assets 1,600,000 by 120,000. Hence impairment will not happen so 1st option is correct.

6 0
2 years ago
Read 2 more answers
Wylie has been offered the choice of receiving $5,000 today or an agreed-upon amount in 1 year. While negotiating the future amo
Studentka2010 [4]

Answer:

The answer is 14%

Explanation:

Formula for Future value (FV)                    FV = PV (1+ni)

Whereas FV= Future value, PV = present value, n= number of years, i= TVOM in percentage

Rearranging the formula for i

     i =        (FV/PV)-1

So, i =       (5,700/5,000)-1

      i =      1.14-1

      i =      0.14

      i =       14%

(0.14x100=14%)

8 0
2 years ago
Sandy is asked to produce 250 squidgets an hour. It takes 30 minutes to receive the necessary materials from the previous workst
hichkok12 [17]

Answer:

360

Explanation:

Kanban is a method that is used to mange workflow in order to assist in visualizing the work and maximize the efficiency of a workers as well as making the workers agile.

The formula for calculating the number of Kanban is given as follows:

Number of Kanban = (Dd × LT × (1 + SS)) ÷ QC   .................. (1)

DD = Daily required production level = 250

LT = Lead Time (in minutes) = 30

SS = Safety Stock  = 20% = 0.2

QC = Number of squidgets in a container = 25

Substituting the values above into equation (1), we have:

Number of Kanban = (250 × 30 × (1 + 0.2)) ÷ 25

                                = (250 × 30 × 1.2) ÷ 25

                                = 9,000 ÷ 25

                                =  360  

Therefore, the number of kanbans to be circulated between Sandy's process and the previous operations is 360.

4 0
2 years ago
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