### Inventory Management Analysis#### a. Average Aggregate Inventory Value Using Vendor 1The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is $39,000. *(Enter your response as a whole number.)*#### b. Average Aggregate Inventory Value Using Vendor 2The average aggregate inventory value of the product if Ruby-Star used vendor 2 exclusively is $39,500. *(Enter your response as a whole number.)*#### c. Impact of Increased Weekly Demand**Question:** How would your analysis change if average weekly demand increased to 60 units per week?- The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is $63,000. *(Enter your response as a whole number.)*- The average aggregate inventory value of the product if Ruby-Star used vendor 2 exclusively is $_______. *(Enter your response as a whole number.)*

Value of Aggregate Inventory = (Safety Stock + Cycle Inventory + Demand during Lead Time) * Unit…

Answered: a. The average aggregate inventory…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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PLEASE ANSWER BOTH QUESTIONS without excel a) Using a weighted moving average with three periods, determine the demand for period 13. Use 3, 2, and 1 for the weights of the most recent, second most recent, and third most recent periods, respectively b) Find the MAD, MSE and MAPE
Navajo Company's year-end financial statements show the following. The company recently discovered that in making physical counts of inventory, it had made the following errors: Year 1 ending inventory is understated by $69,000 and Year 2 ending inventory is overstated by $39,000. For Year Ended December 31 (a) Cost of goods sold (b) Net income (c) Total current assets (d) Total equity Year 1 $ 744,000 Year 2 $ 974,000 287,000 1,266,000 1,406,000 294,000 1,379,000 1,599,000 Year 3 $ 809,000 269,000 1,249,000 1,264,000 Required: 1. For each key financial statement figure-(a), (b), (c), and (d) above-prepare a table to show the adjustments necessary to correct the reported amounts. 2. What is the total error in combined net income for the three-year period resulting from the inventory errors? Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each key financial statement figure-(a), (b), (c), and (d) above-prepare a table to show the adjustments…
Give typing answer with explanation and conclusion Food revenue is $287,690, while beverage revenues are $78,981, in a 300-room hotel that runs 62.5% occupancy in the month of April. Fifty-four percent (54%) of food revenue was generated in the F&B outlets, while the remaining 46% was generated in banquets. Outlet food revenue was anticipated to account for 60% of revenue at a 29.5% food cost, while banquets were anticipated to generate 40% of revenue at a 22.5% food cost. Calculate the potential food cost ratio for the month of April?
Salad Daze maintains an inventory of produce worth $380. Its total bill for produce over the course of the year was $71,000. How old on average is the lettuce it serves its customers?
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In the context of a buying process, which of the following statements is true of satisficers Question 28 options: a) They select the best supplier who satisfies their product and delivery requirements b) They study numerous proposals carefully before selecting one. c) They contact new and unfamiliar suppliers when they need to purchase a product d) They contact familiar suppliers and place orders with the first one that fulfills their requirements
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can you please help me answer this question.... Rebar Company prepared the following analysis of its year-end inventory on December 31. First, determine the total lower of cost or market value for each product in Rebar Company's inventory. Second, prepare the journal entry needed at year-end to value the inventory at LCM, if applicable. Historical Cost Replacement Cost Product Quantity per unit per unit A 17 $430 $499 B 140 325 299 C 38 75 69
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Put this in other words. Analyze and elaborate this one. In the intricate orchestration of supply chain management, predictive analytics emerges as an indispensable conductor. Drawing upon colossal datasets from multifarious sources, predictive analytics unfurls a tapestry of precise supply and demand prognostications, meticulous inventory optimization, seamless logistics orchestration for punctual deliveries, anticipation of equipment maintenance exigencies, and the nimble adaptation to unforeseen contingencies. In this ever-evolving landscape, predictive analytics has metamorphosed into a critical lever for cultivating an agile and resilient supply chain, warding off disruptions, and laying the foundations for sustainable success.
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