Week 7 Problem Set Chapter 26 (page 903): 1. Answer the following questions: a. What is the difference between a firm’s cash cycle and its operating cycle? b. How will a firm’s cash cycle be affected if a firm increases its inventory‚ all else being equal? c. How will a firm’s cash cycle be affected if a firm begins to take the discounts offered by its suppliers‚ all else being equal? 4. The Greek Connection had sales of $32 million in 2012‚ and a cost of goods sold of $20 million. A simplified
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D1: Analyse why laboratory procedures and practices must be clearly communicated Lab procedures need to ensure that they communicate well with one another‚ as this would make working in a lab‚ more safe and an individual will be able to carry out experiments in a safer manner‚ to aspose to if procedure had poor communication skills.When carrying out experiments‚ equipment should be roughly checked for labels and warning signs‚ this is so that the very improtant because serious accidents could occur
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9.2) A company is using a carrier to deliver goods to a major customer. The annual demand is $2‚500‚000‚ and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory? I = tA=(10 – 7 ) 2‚500‚000=$7‚500‚000=$20‚547.90 365365 365 9.4) A florist carries an average inventory of $12‚000 in cut flowers. The flowers require special storage and are highly perishable. The florist’s estimates capital costs at 10%‚ storage
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OPIM Assignment 4 1. Cu = 24-11 = $13 Co = 11-7 = $4 Critical ratio = 13/(13+4) = 0.7647 μ = 30‚000 σ = 10‚000 Using normal distribution function (=norminv(0.7647‚30000‚10000))‚ the optimum order quantity is 37‚216 jerseys to maximize profit. 2. Quantity = 32‚000 First‚ we normalize the order quantity to find the z-statistic z=Q-μσ=32‚000-25‚00010‚000=0.7 We then look up the standard normal loss function. The expected lost sale is given by. Lz=0.1429 Therefore‚ the expected lost
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Unit 122 Outcome 2 1. The principles of each model are reflected in service delivery by meeting the additional needs of all children in your setting. E.G. A child who is deaf needs a support worker for the medical model and specialised equipment for the social model. A child who is blind needs a support worker for the medical model and specialised equipment for the social model. A child who is wheelchair bound needs a support worker for the medical model and involvement in all activities for
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occurrences which are overlooked in the story that represent and support a common and major idea that is stated in a more major or explicit form at other times. The role of gender is one such idea. In the early stages of the novel‚ the conflict which sets the entire story in motion takes place as Cole’s mother has decided to sell the ranch now that his grandfather has died. Cole is distraught over this as the ranch is his desired lot in life. He attempts to talk to the family’s attorney after attempts
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October 8‚ 2013 Can Public Schools Produce Good Citizens Taking in consideration the topic of this paper‚ can public schools produce good citizens‚ another question comes to mind: Why is a good citizen important to the public? Americans widely agree that a good education is essential to democracy‚ in order to promote intelligent citizens who can govern themselves (Ravitch & Viteritti‚ 2002). Several reports contend that public schools are failing to teach democratic values and are not helping
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On another study conducted by Caguimbal (2013)‚ the benefits of Outcomes-Based Education are learners comprehend exactly what is expected from them as unit standards make it very clear what is necessitate from them‚ there is greater buy-in and support for it from all role players due to the extended level of consultation and stakeholder enhancement. Well-defined assessments standard make it clear to both assessors and learners how assessment will take place. Assessment is more objective and fair
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Treatment Outcomes and Accountability Clients‚ Counselors‚ and Third-Party Payers Clients‚ are perhaps‚ the most important stakeholder in treatment outcomes. The common goal in treatment is creating measureable change‚ without which‚ there has been little therapeutic value to the intervention. Accountability expects interventions have purpose‚ positive effect‚ and measureable outcome. In essence‚ the treatment must have worth to the client (Erford‚ 2010). Knowing which interventions are the
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Explain the difference between operational effectiveness and strategy? Operational effectiveness and strategy are both essential to superior performance‚ which after all is the primary goal of any enterprise. A company can outperform rivals only if it can establish a difference that it can preserve. It must deliver great value to customers or create comparable value at lower cost‚ or do both. Delivering greater value allows a company to charge higher average unit price‚ greater efficiency results
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