Accounting 350‚ Fall 2009 Quiz‚ Chpts 7‚8 & 9 – Night Class |1. |Kaniper Company has the following items at year-end: | | |Cash in bank | | |$20‚000 | |
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Transport - Inventory - Task 1.1 Itemise some of the inventory held by the following operations: Hotel: Food and beverages‚ bed sheets‚ toiletries‚ cleaning equipment Hospital: Syringes‚ overalls‚ bed sheets Retail Store: Clothing‚ food‚ drinks Task 1.2 Using the above illustration‚ what do you consider to be the aim of the inventory management? Are there any conflicts likely to occur for inventory control? I consider the aim of the inventory management is
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SP-6000. Driven by incitement‚ no one seemed to worry about the statistical forecast which provided a reference point for the other forecasts. On the process‚ it is stated that any high deviation should be investigated but it does not seem to be the case for this camera’s forecast. By analyzing the data provided on exhibit 6‚ it is easy to see how sales and top down were clearly boosted. Looking from a regions perspective‚ all approved final numbers across the regions were higher than the statistical
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1/Link the Coors vision statement to Coors key business strategies or “six planks”. Are there any gaps? Post1:According to Coors Vision Statement‚ the vison can be come up with four fundamentals: (1)improving quality‚ (2)improving service‚ (3)boosting profitability‚ and (4)developing employee skills. And then to link with “six planks”so that to drive these fundamentals in the future. 1/baseline growth: we will profitably grow key brands and key markets - (3)boosting profitability 2/incremental
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to understand the difference between right and wrong‚ but they are too young to make the right choices yet. As Laurence Steinberg‚ Professor at Temple University‚ says “The teenage brain is like a car with a good accelerator but has a weak brake.” Studies have shown that based on adolescent’s brain development‚ adolescents are more likely to act on impulse‚ misread social cues and emotions‚ and/or engage in risky behavior. Adolescents are less likely to think before they act‚ or pause to consider the
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SPECIAL TOPICS IN SUPPLY CHAIN MANAGEMENT 1 SYNDICATE ASSIGNMENT Assignment Brief In your study syndicates‚ you are expected to read‚ analyse and interpret the key underlying issues of the following case-study titled "The Privileged Fly". Five (5) questions have to be answered and these questions can be found at the end of the case study. Your answers to the questions must relate to the issues in the case‚ however you are expected to support your responses with appropriate and relevant literature
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Jearvie Mat L. Delos Reyes BSIT 4-3 CASE STUDY COCA-COLA Lost Millions Because of this Market Research Mistake I. TIME CONTEXT 1995 (see appendix a). II. VIEW POINT In the mid-1980s‚ the Coca-Cola Company made a decision to introduce a new beverage product (Hartley‚ 1995‚ pp. 129–145). The company had evidence that taste was the single most important cause of Coke’s decline in the market share in the late 1970s and early 1980s. A new product dubbed “New Coke” was developed that was sweeter than
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Inventory Exercises 1. At Dot Com‚ a large retailer of popular books‚ demand is constant at 32‚000 books per ear. The cost of placing an order to replenish stock is $10 and the annual cost of holding is $4 per book. Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. a. What is Dot Com’s optimal order quantity (EOQ)? b. What is the optimal number of order per year? c. What is the optimal interval (in working days)
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2.1 Types of Inventories Nestle (Malaysia) Berhad is a big company which produce various types of products. For example‚ coffee and beverages‚ food‚ milks‚ liquid drinks‚ infant nutrition‚ breakfast cereals‚ chilled dairy‚ ice-cream‚ confectionery and many other. According to the annual report 2012 of Nestle company‚ it shows that‚ the amount of inventories during 31 December 2012 is RM411‚170‚000‚ while during 31 December 2011 the amount of inventories is RM517‚573‚000 . After comparing both
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INVENTORY MANAGEMENT Model 1 2. The Peace Care Hospital uses about 3‚500 boxes of sterile bandages per month. The annual carrying cost rate is $2.90 per box per year. A typical box of sterile bandages costs $14.50 to purchase. The ordering cost is $25 each time an order is placed‚ regardless of the order quantity. There is storage space for at most 1‚500 boxes of bandages at any time. The hospital operates 365 days per year. Peace Care Hospital would like to use the EOQ model. (a) How many
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