Inventory managementProblem 1:Analysis ABCStock part numberAnnual Volume ($)Annual Volume percentage (%)J2412.50046,2R269.00033,3L023.20011,8M121.5505,8P336202,3T72650,2S67530,2Q47320,1V20300,1S = 100,0Which are the suitable ABC groups for the stock articles?

Inventory management is the management in which products is stored, and sell in the market including…

Answered: Which are the suitable ABC groups for…

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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1.profit or loss is computed by substracting cost/expences from a. income/revenue b. sales discount c. sales d. operating expenses
What is the difference between MLA and APA format?
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
An organization’s mission is the means by whichit fulfills its purpose.True or False
Fulfillment relies most on which of the following? a. asset valuation b. asset inventory c. pricing d. communication
1. Explain the variables that should be reflected in a variable-fixed breakdown of a selling expense budget. 2. Explain the use of a distribution cost analysis in a manufacturing environment.
What does it mean when a minimum variance portfolio is dominated by one stock (almost 90% of that one stock)? And what could be said about this stock in relation to the other smaller-weighted stock?
[item 3] A company uses the production run model to determine the number of t-shirts that must be produced per production run. The cost per t-shirt is P150. The holding cost is P5 per unit per year and the cost of setting up the production line is Php1,500per setup. The production rate is 250 per day and the daily demand rate is 100 units. The optimal production quantity per production run is 5000 units. How many working days are there per year? a. 200 days b. 365 days c. 261 days d. 250 days
What is the relationship betweenthe process of standard cost variance analysis and management by exception?
Furniture stores like Danube Furniture Shop, REO and Max Clothes shops are classified as Chain stores. This means that ____ a. They are owned by several individuals who decided to put a consumer store. b. They can be found everywhere in Oman and is owned and operated by a single company c. They are independently owned retail stores. d. They are stores which rents a space in a big mall
i will 10 upvotes urgent Which of the following statements correctly describes Veblen Goods? (a) These are the goods for which demand increases as the price increases. (b) These are the goods with no opportunity cost. (c) These are the inferior goods whose demand remains constant irrespective f change in prices. (d) These are the goods for which demand increases as the prices fall.
Ali is the manager of a well reputed organization. He is assigned to auction some assets of the firm. Instead of organizing an auction Ali compiles a list of items and puts an advertisement on the paper stating that anyone who is willing to purchase the said articles for Rs. 1 Lac can contact him directly by 15th April 2021 through email only. Ahmed saw the advertisement and emailed Ali on 12th April asking for pictures of the items or if it was possible for him to view the items. Ali provided the pictures. Ahmed then emailed Ali that he is willing to purchase the said articles for Rs. 90 thousand and wrote that if Ali did not reply he will assume that Ali has accepted the offer. On 14th April at 3 pm, Saad emailed Ali and said the following, “I will purchase the listed articles.” On 14th April at 4:30 pm, Khan called Ali and brokered a deal to purchase the articles. Answer the following questions. Differentiate between an offer and invitation to treat. In para 2. When Ahmed asks…

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