3 Problem 12-4 (Algo)A toy manufacturer uses 43,740 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it canproduce at a rate of 900 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $2.00 per wheel peryear. Setup cost for a production run is $40. The firm operates 243 days per year. Determine the following:a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.)EPQAnswer is complete and correct.1,4794b. Use your final answer from part a to determine minimum total annual cost for carrying and setup. (Round your answer to a wholenumber.)Answer is complete but not entirely correct.Total Annual Inventory Cost $180

Inventory management efficiency is a contributing factor to an enlarging supply chain. It…

Answered: Problem 12-4 (Algo) A toy manufacturer…

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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Year Quarter Period Cost/Unit ($) 1 1 1 $20.00 2 2 $17.23 3 3 $13.39 4 4 $17.94 2 1 5 $20.29 2 6 $25.61 3 7 $22.62 4 8 $29.63 3 1 9 $23.87 2 10 $20.35 3 11 $26.32 4 12 $25.50 4 1 13 $20.90 2 14 $28.48 3 15 $32.65 4 16 $25.78 5 1 17 $28.90 2 18 $32.61 3 19 $28.66 4 20 $25.27 6 1 21 $25.80 2 22 $35.71 3 23 $27.26 4 24 $27.89 7 1 25 $28.50 2 26 $28.64 3 27 $32.52 4 28 $28.24 8 1 29 $37.95 2 30 $28.59 3 31 $37.07 4 32 $38.16 Construct a time series plot. What type of pattern exists in the data? The time series plot shows a horizontal pattern.The time series plot shows a nonlinear trend pattern. The time series plot shows an upward trend pattern.The time series plot shows a downward trend pattern.The time series plot shows a seasonal pattern. (b) Use simple linear regression analysis to find the estimated parameters for the line that minimizes MSE for this time…
45) Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company? a. 26.66 % b. 16.66% c. None of the Options d. 13.33%
5) Sometimes it is appropriate to take a job instead of a career. Explain at least two situations where this would be true.
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Q.10. The following are all advantages of business partnerships EXCEPT: Partnerships shield the individual partners from debt and liability Partnerships are relatively easy and inexpensive to set up Partnerships pool the resources of the partners to obtain capital 4. Partnerships can take advantage of the various skills, strengths, and experiences of each of the partners. Select one and explain?
3. Explain the Determine Budget process.
Year Quarter Period Cost/Unit ($) 1 1 1 $20.00 2 2 $17.23 3 3 $13.39 4 4 $17.94 2 1 5 $20.29 2 6 $25.61 3 7 $22.62 4 8 $29.63 3 1 9 $23.87 2 10 $20.35 3 11 $26.32 4 12 $25.50 4 1 13 $20.90 2 14 $28.48 3 15 $32.65 4 16 $25.78 5 1 17 $28.90 2 18 $32.61 3 19 $28.66 4 20 $25.27 6 1 21 $25.80 2 22 $35.71 3 23 $27.26 4 24 $27.89 7 1 25 $28.50 2 26 $28.64 3 27 $32.52 4 28 $28.24 8 1 29 $37.95 2 30 $28.59 3 31 $37.07 4 32 $38.16 Use simple linear regression analysis to find the estimated parameters for the line that minimizes MSE for this time series. (Round your answers to two decimal places.) b0= b1= (c) What is the average cost increase (in $) that the firm has been realizing per quarter? (Round your answer to two decimal places.) $ (d) Compute an estimate of the cost/unit (in $) for the next quarter. (Round your answer to two decimal places.) $
Q1
Topic: "Causes of rising food prices and the challenges faced by rural farmers in Mt. Royal, Carriacou". 1. Provide a statement of the problem using the topic above.
Subject: acounting
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Q.1.1 Describe how the concept of risk is important during the business management planning process. (3) Q.1.2 Distinguish between a peril and a hazard. (Hint: Use examples where applicable) (3) Q.1.3 Differentiate between priori probabilities and subjective probabilities in risk management. (3) Q.1.4 Principle two of King I report states that the board of directors and managersshould ensure that through a managed and effective process, board appointmentsare made that provide a mix of proficient directors, each of whom is able to addvalue and to bring independent judgement to bear on the decision-makingprocess. Describe how this principle is important in risk management. (3) Q.1.5 Differentiate between micro and macro risk. (3)Question 2 (Marks: 25) Q.2.1 Outline the measures used to describe possible loss accurately? (5) Q.2.2 Effective risk management does not function in a vacuum and rarely survives aleadership failure. The risk management function can review, inform,…

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