4. Gursoy Furnitures sells office chairs ordered from its flagship store. It costs $100to place an order, and the lead time is two weeks. Demand during lead time isN(40, 1.96). Gursoy Furnitures estimates that each stockout causes a loss of $50in future goodwill. It pays $60 for each chair and sells it for $100. The annualholding a chair inventory is 30% of its purchase cost.a) Assuming that all demand is backlogged, what are the reorder point and thesafety stock level?b) To meet 99% service objective, what should be the safety stock level forType 1 Service? For Type 2 Service?

Answered: Image /qna-images/answer/d3a22d21-1633-4809-a4f6-cd869480ba31.jpg

Answered: 4. Gursoy Furnitures sells office…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Copy equipment was acquired at the beginning of the year at a cost of $72,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,000,000 copies. This year, 315,000 copies were made. a. Determine the depreciable cost.$fill in the blank 1 b. Determine the depreciation rate. Round your answer to three decimal places.$fill in the blank 2 per copy c. Determine the units-of-output depreciation for the year.$fill in the blank 3
Q9. shown below: Shanghai Corporation, the Chinese affiliate of a U.S manufacturer, has the balance sheet Assets CYN Liabilities and Stockholders' Equity CYN 23,000 29,000 36,000 Cash 7,000 Accounts Payable Accounts Receivable 16,000 Long- Term Debt Inventories Fixed Assets net 24,000 Stockholders' Equity 41.000 88.000 Total Liabilities and Stockholders' Equity Total Assets 88,000 The current exchange rate is S0.3 = CYN1. Required: 24 a) If of the Chinese Yuan depreciated, what would be the translation effects under temporal method?
12. Zea has a credit limit of $2,000 on her credit card. Each month, she charges about $200 and makes a payment of $125. a. Estimate the number of months that Zea can continue this pattern until she reaches her credit limit. b. Consider that part of the $125 Zea pays each month will be for finance charges. How will the number of months from part a be affected by these charges?
If a company has excess capacity, it is contemplating whether a special order should be accepted. The order will not impact regular sales. If the company accepts the special order, what will occur? O Both fixed and variable costs will increase. Net income will increase if the special sales price per unit exceeds the unit variable costs. There are no incremental revenues. Incremental costs will not be affected.
3. Sloane wants to purchase a package of tennis memorabilia in 6 years. The package costs 350 today but increases its price by 4.5% per year. Sloan decides to deposit 28 into an account at the beginning of each year for 6 years. She also deposits an additional amount Y at the beginning of years 3, 4, 5, and 6 to meet her goal. Calculate Y if the annual effective rate of interest is 9%.
A surfboard manufacturer lost $500,000 last year during a recession. Total revenue was $5,000,000 and total variable costs were 40% of sales. The production facility ran at 50% capacity. The production manager wants to know the following: a. What is the percent capacity required to break even? b. When the economy recovers this year, if the plant runs at 100% capacity what net income could the company realize? c. There is a possibility that sales could be so strong this year that the plant may be required to run at 120% capacity by offering a lot of overtime to its production workers. This would result in total variable costs rising by 35%. On a strictly financial basis, should the production manager plan to exceed capacity or should he advise top management to freeze production at 100% capacity? Justify your answer. Answer Solution- 9a. 58.3% 9b. $2,500,000 9c. $3,100,000
I. A producer of felt-tip pens has received a forecast of demand of at least 50,000 pens for the coming month from its marketing department. Fixed costs are $20,000 per month, and variable costs are 25 cents per pen. a. Find the break-even quantity the company must produce if pens sell for $1.50 each. b. Find the quantity to be produced to realize a profit of $20,000. 70
Sandhill Company completes and transfers out 13,720 units and has 1,960 units of ending work in process that are 25% complete as to conversion costs. Materials are entered at the beginning of the process, and there is no beginning work in process. Assuming unit. materials costs of $3 and unit conversion costs of $5 , what are the costs to be assigned to units (a) completed and transferred out and (b) in ending workingrocess?

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