Answer:
Hence, the second statement describing the average inventory is false
Explanation:
<em>The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost. It is the order size that optimizes the investment in stock ordering</em>.
The following statements
The number of orders = Annual demand/order size
Re-order level(point) Average daily usage × average lead time
Average inventory = safety stock × (1/2× order size)
The average Dollar value = Unit price × average inventory
Hence, the second statement describing the average inventory is false
Answer:
The correct answer is number (1): True.
Explanation:
Due diligence refers to the exercise an individual is subject to after entering a contract with another party by which a certain standard of care is expected from the individual.
The United States Sentencing Commission is the governmental agency in charge of reviewing sentences discrepancies and promoting fair sentencing.
<em>In front of ethical issues within a firm, the U.S. Sentencing Commission states that the company must have disseminated a code of conduct so that the filing company can allege a violation of the due diligence employees are subject to.</em>
Answer:
$4,400,000
Explanation:
Cash Pledged $2,000,000
Treasury bill due in one month $2,000,000
Cash in checking account $400,000
Cash and Cash Equivalents $4,400,000
Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.
True. This is also true in most cases for large restaurant chains. Their major items that they want to make sure taste the same throughout all of their restaurants are made at the same time, froze and sent off to make sure that they stay consistent with their style and taste of the food.
Answer:
<em>B. Critical success factors (CSFs)</em>
Explanation:
Critical Success Factors, or CSFs, <em>are measures of incentives, events, or requirements needed within such a program or task to achieve a goal. </em>
Prometheus Corp. measures it's staffs performance in the company and awards it accordingly.
These factors vary by organization, representing current and future priorities. Whether it was a restaurant, an insurance broker or a vendor, planning the approach with those things that allow the company to accomplish its task is important.
Such crucial factors mostly have a significant impact on how productive and efficient an organization is in achieving strategic objectives inside the project and are critical to maintaining a competitive edge.