two alternatives for product costing systems. Be sure to address the following: Professor and class‚ * How do the two systems differ? The two alternatives for product costing systems are job and process. The two differ in that with job costs these are specified for a particular job. Process costs go by each process that is done (Kinney & Raiborn‚ 2013‚ p 150). * What are the characteristics of the companies that would use each? The characteristics of the companies that would use
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Sea Freight Freight forwarders; Advantages 1. regular service 2. consolidation 3. use a specialist who has experience and connections 4. provide warehouses 5. they sell space in their containers (depends on the route/itinerary) 6. they negotiate transportation prices with the ‘carriers’ (transportation companies; either shipping line or airline) 7. provide insurance 8. facilitate customs clearance 9. they help trace/track shipments 10. they do the administrative work‚ ‘documentation’
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What Would You Bring? Have you ever thought about what three items you would bring if your house was burning down? If you have ever been in a burning house you’d know that you don’t have a great of time to think about what you would salvage and what you might just hope to find the day after the fire had stopped. The three objects that came to my mind were my briefcase full of important documents‚ money‚ and my phone. These are all items that I cherish. If my house was burning down and I could
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1) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity‚ and no one supplier can meet all the company’s needs. In addition‚ the suppliers charge different prices for the components. Supplier Component 1 2 3 1 $12 $13 $14 2 $10 $11 $10 Each supplier has a limited capacity in terms of the total number components it can supply. However‚ as long as Edwards provides sufficient advance orders‚ each supplier
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How Freight Shipping Services reduce major moving and transport complications Companies having common cargo loads may experience the requirement for faster consignment delivery. Many services have been designed for meeting the emergency shipments requirements as time plays a crucial role for moving and transport services. The clients and facilities may require shipping with extreme care and speed to continue with operations and meet end customer demands. As any company expands operations to
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Case 1. TECSMART ELECTRONICS Identify the problem: Formulate objectives: Design alternative courses of action: Analysis of the ACA: a. advantages b. drawbacks Conclusion: Recommendation: Case 2. CAN SIX SIGMA WORK IN HEALTH CARE? Identify the problem: New culturein the hospital Formulate objectives: · To be able to make it easy to employees and all staffs the new framework to be used. · Design alternative courses of action: Analysis of the ACA: a. advantages b. drawbacks Conclusion:
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What is an International Freight Forwarder? ... "Once upon a time‚ people thought of customs brokers and freight forwarders as simply agents somehow linked to the shipping industry. Now‚ at last‚ these go-betweens are being given their due as crucial middlemen in making life easier for importers and exporters. .... Simply put‚ the freight forwarder is the cargo expediter. As intermodal transportation becomes more complex‚ the job of freight forwarder becomes more essential and difficult.
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than not‚ inventory supplies have to be ordered. As a result‚ the inventory supplies have to be ordered and shipped air freight; which is very expensive. 2. Air freight bills keep growing both in numbers and in total dollar value of freight transported. What are the factors that have contributed to the development of this situation? Do they reflect efficient or inefficient management of supply‚ inventories‚ and production in firms such as this one? Discuss. Air Freight bills keep growing because
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Question4: What closing time should Citywide Spirits Shoppe choose to maximize profits? Through the Attachment: (Evening time) Contribution Margin = average purchase revenue-average purchase cost = $30.52-$23.25 = $7.27 per customer per purchase Average numbers of customer: (Attachment 2) close time averge customers Time Total customer 10pm 10.18 10pm~11pm 12 11pm 10.16 10pm~12pm 21 12pm 10.08 10pm~1am 27 1am 9.71 10pm~2am 32 2am 9.4 10pm~3am 36 3am 9.06 10pm~4am
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long-term customers was becoming a challenge. During a delivery run yesterday‚ driver Joe Stevens had noticed a competitor’s sales manager talking with the general manager of Saver Superstore‚ one of JBI’s largest customers. Then‚ that morning‚ Johnson’s sales manager‚ Marsha Ketchum‚ had mentioned that‚ during her visit with the same general manager on Wednesday‚ he was starting to make some noises about wanting to negotiate a lower price. This could cause a dilemma because this customer had been
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