Q 10. Explain revenue models.
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- QUESTION 2 A) On the average, a firm has 10 weeks of work-in-process, and annual cost of goods sold is $15 million. Assuming that the company works 50 weeks a year: a) What is the dollar value of the work-in-process? b) If the work-in-process could be reduced to 7 weeks and the annual cost of carrying inventorv was 20% of the inventory value, what would be the annual saving? B). Warsop Factory sales are $10 million. The company spends $3.5 million for purchase of direct materials and $2.5 million for direct labor; overhead is $3.5 million and profit is $500,000. Direct labor and direct material vary directly with the cost of goods sold, but overhead does not. The company wants to triple its profit. By how much should the firm increase sales? By how much should the firm decrease material costs? By how much should the firm decrease labor cost? а. b. с.Q3. Polygram Sound Systems manufacturers and sell sound systems for both home and auto. All parts of the sound systems, with the exception of CD players, are produced in the Rochester, New York, plant. CD players used in the assembly of Concord, New Hampshire. Polygram purchasing agent Mary Kim submit a purchase requisition for CD players once every 4 weeks. The company's annual requirement is 24000 units, and the cost per unit is $40.00. Polygram does not purchase in greater quantities because Morris Electronics does not offer discounts and promises delivery within 1 week upon receiving the purchase requisition, and rarely is there a shortage of CD players. (Total time between date of order and date of receipt is 8 days). Associated with the purchase of each shipment, there are procurement costs which amount to $20 per order, (these includes the costs of preparing the requisition, inspecting and storing the delivered goods, updating inventory records, issuing a voucher and a check for…Q.3.2 Mpho is an avid seamstress and want to sew and sell high quality, reusable,designer face masks during the current Covid-19 pandemic. She will design andsew the masks herself and use her automatic embroidery machine to put her logoon each mask sold. With the help of her son, deliveries will be made all overGauteng within 3 days of placing the order. Every mask will have a unique threelayer design with adjustable straps to ensure comfort and fit. Mpho’s only expenseis the material needed to sew the masks and delivery costs. At this stage, Mpho’starget market is limited to Gauteng.Draw a diagram to illustrate the transformation process of Mpho’s new business.Be sure to include all relevant elements, headings and arrows to indicate the flowof products/ services.
- Question2. Describe the options that McDonald’s and its suppliers can pursue to overcome the challenges of French Fries Supply Chain.Q.4 Explain the difference between a time series model and an associative model. Under what conditions would one model be preferred to the other? Q.5 Explain why lean production and Six Sigma are so important to successful supply chain management. Q.6 What are the impacts of logistics on environmental sustainability? How can these impacts be minimized?Q.3.1 Gill Enterprises produces a number of consumer items, including a stove. A key component of the stove is purchased from an outside supplier. In total, the company purchases 2 500 components each year. It costs approximately R12 to place an order and it costs R0.25 to carry one part in inventory for a year. The company is operational for 50 weeks in a year. Required: Q.3.1.1 Calculate the economic order quantity for the part.
- 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 25 The bullwhip effect can cause the variability in ________ to be substantially greater than variability in ________. Group of answer choices demand within the supply chain, supplier demand supplier demand, demand within the supply chain consumer demand, demand within the supply chain demand within the supply chain, consumer demand supplier demand, demand within the supply chainQ16 please help me. I can't figure this out
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