Answer:
$14,016 favorable
Explanation:
The computation of the raw materials price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 23,360 liters × ($5.40 - $4.80)
= 23,360 liters × $0.6
= $14,016 favorable
We simply deduct the actual price from the standard price and then multiplied it by the actual quantity so that actual value can come
Your answer is logistician. I just took the test for this and got them all right, so I know this is correct. Hope it helps (:
Answer:
C) Addressing trade-offs between space and material handling.
Explanation:
Addressing trade offs between material handling and space in the warehouse is a major problem been tackled in warehouse layout strategy.
In any case where it is been found that your warehouse or distribution centre capacity is at bursting point, and costs are escalating while service levels are not being met, it is natural to assume that a bigger warehouse would go a long way to addressing the issues.
That is why experts in this field that have extensive experience in assisting customers in the identification of causal issues through its(warehouse) facility design, operations audits and also layout.
Answer: Option A
Explanation: In simple words, return on investment refers to the mount of profit that an investor earns in relation to the cost he or he incurs by undertaking an investment.
It is used as a performance measure to evaluate the efficiency and effectiveness of a project by comparing it with other investments having some characteristics.
Hence from the above we can conclude that the correct option is A .
The answer to this question is <span>5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market</span>
