When is the optimal time to obtain prices on spares and service agreements? Why?
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When is the optimal time to obtain prices on spares and service agreements? Why?
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- 3.May I know the correct option?Comparison between the two (2) Fleet Management System (FMS) from the top vendors in terms of features business benefits, and price.INSURANCE FUNDAMENTALS MODULE Assignment Question a) Discuss the reasons of using insurance in Procurement, supplies and Logistics Management b) In spite of its advantages in operations of businesses, insurance is still unpopular. Explain
- QUESTIONS (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Monetary Value (EMV)? Alternatives Large Inventory Small Inventory Probability OA) $68,400 O B)-$20,000 O C) $10,000 O D) $51,500 O E) $78,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 .30Please help me with this question how to proceed in order to find the total costQuestion 16 Refer to the table given below. As a price of $45, a Price (in dollars) of units occurs. Quantity Demanded Quantity Supplied 75 400 900 450 850 800 70 65 500 60 550 750 55 600 700 50 650 650 45 700 600 40 750 550 a) surplus; 100 b) shortage; 700 Oc) surplus; 700 O d) shortage; 100
- Problem 16-11 (Algo) One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 100,000 parts in year 1; 300,000 in year 2; and 500,000 in year 3. Shipping and handling of parts from the supplier's factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.003 per unit. Finally, administrative costs are estimated at $30 per month. Although your plant is able to continue producing the part, the plant would need to invest in another molding machine, which would cost $20,000. Direct materials can be purchased for $0.05 per unit. Direct labor is estimated at $0.04 per unit for wages plus a 50 percent surcharge for benefits and, indirect labor is estimated at $0.011 per unit plus 50 percent benefits. Up-front engineering and design costs will amount to $50,000. Finally, management has insisted that overhead be…Q 5 You have been working in the accounting department of AAA Limited since 2000. During this period, you have performed various roles, including: Evaluating the purpose and role of accounting information systems in achieving the overall objectives of the organisation, Articulating the various transaction cycles, financial reporting, management reporting systems and ecommerce systems to technical and non-technical stakeholders, Evaluating systems development methodologies and the role of accountants in system development projects, Appraising the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place, and Critically evaluating the range of cultural, security, privacy and ethical issues. Recently, you joined another company for a senior role as a chief information officer. You are excited to perform this senior role. David is the chief executive officer (CEO) of your organisation, and he is…Problem 3-14 (Algo) Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) 4,150 4,25e 3,950 4, 350 4,95e 4,650 5,25e 4,850 5,35e 5,65e 6,25e 5,95e January February March Аpril Мay June July August September October November December a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round Intermedlate calculatlons. Round your answers to 2 decimal places.) Month Forecast January February March April May June July August September October November December b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors…
- Question 2 - Rohe (Hong Kong) Ltd is a pharmaceutical company which manufactures and supplies various drugs for drug stores in Asia. Currently, Rohe (Hong Kong) Ltd has four factories A, B, C and D. Management has decided to build a new factory at a location central to these factories. Information regarding the yearly demands and the map coordinates for the four factories are shown in below table. Factories e Demand e x-coord- 9,000- y-coorde A- 20e 130e Be 3,000 60- 404 Ce 5,000- 70- 100- De 16,000- 90 30 (a) Determine the map coordinates of the new factory. (b) Suggest and elaborate TWO other factors that need to consider in the selection of location. eXYZ Company is a mid-sized manufacturing company that produces consumer electronics. The company has experienced strong growth in recent years, but is now facing some challenges related to its supply chain management. Question 1: What are the supply chain management challenges facing XYZ Company? Question 2: What steps can XYZ Company take to address these challenges? Question 3: What impact will these changes have on XYZ Company's bottom line?A nutritional plan requires at least 200 units of protein and 180 units of fat. From chemical analysis shows that 1 unit of food A contains 6 units of protein and 3 units of fat. While food B contains 3 units of protein and 5 units of fat.Food price A is 2,500 / unit while B costs 2,000 / unit.Question: Determine the combination of nutrients at a qualifying level at a low cost!