Answer:
4.47
Explanation:
The computation of the standard deviation of lead time is shown below:
= √lead time × standard deviation of demand
= √ 5 days × 4
= √20
= 4.47
We simply applied the above formula to determine the standard deviation of demand during lead time
Hence, all the other items would be ignored
The standard deviation of demand during lead time, given an average lead time of 5 days, standard deviation of demand of 4, average demand of 12, and standard deviation of lead time of 1.2 days, can be calculated using a specific formula. The result after substituting the given values into the formula and simplifying is approximately 15.9.
The standard deviation of demand during lead time can be determined using the formula for the standard deviation, which states that the standard deviation of demand during lead time is the square root of (Average lead time * (standard deviation of demand)^2) + (average demand^2 * (standard deviation of lead time)^2).
So you would plug in the given values:
√[(5 * (4)^2) + ((12)^2 * (1.2)^2)]
= √[80 + 172.8]
= √252.8
≈ 15.9
So the standard deviation of demand during lead time is approximately 15.9.
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B. A pilot
C. A traveler
D. A mechanic
Answer:
A. A cargo plane
Explanation:
In Economics, factors of production are used for the manufacturing of goods and services in order to meet the unending needs or requirements of the consumers at a specific price and period of time. The four (4) factors of production are;
I. Land.
II. Labor.
III. Entrepreneurship.
IV. Capital.
Physical capital can be defined as any tangible, artificial goods which are typically used for the production of finished goods or services. Therefore, it comprises of building, computer, machinery or equipment, office utilities, cash, vehicles, etc.
Hence, a cargo plane is an example of physical capital in an economy because it is a tangible, man-made equipment used for the transportation of people or goods from one location to another.
A cargo plane is an example of physical capital in an economy.
Physical capital in an economy refers to the assets and infrastructure used to produce goods and services. Among the options provided, the A. cargo plane is an example of physical capital. It is a tangible asset that is used to transport goods, contributing to the production process and economic activity.
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c. Outstanding checks at August 31 totaled $1,870.
d. Interest credited to the account during August but not recorded on the company's books amounted to $115.
e. A bank charge of $37 for checks was made to the account during August. Although the company was expecting a charge, the amount was not known until the bank statement arrived.
f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $625 had been recorded as a disbursement of $367.
g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,356.
Required:
Prepare the adjusting journal entry that should be prepared to reflect the reconciling items.
Answer:
Part a.
No entry
Part b.
Debit : Deposits in Transit $1,247
Credit : Bank Reconciliation Statement $1,247
Increase the Bank Statement Balance
Part c.
Debit : Bank Reconciliation Statement $1,247
Credit : Out Standing Checks $1,870
Decrease theBank Statement Balance
Part d.
Debit : Cash $115
Credit : Interest received $115
Interest credited in Bank Statement not recorded
Part e.
Debit : Bank Charges $37
Credit : Cash $37
Recording of Bank Charges in the Books
Part f.
Debit : Accounts Payable $258
Credit : Cash $258
Payment to Supplier understated by $258
Part d.
No entry
Explanation:
Corrections and Adjustments may be either to correct the Cash Book or the Bank Statement Balance as above.
B) Effectively control costs on the project.
C) Focus on defect resolution.
D) Actively control the flow of information.
Answer:
The correct answer is:
Actively control the flow of information. (A)
Explanation:
successful projects rely on communication. Communication entails exchange, discussion, information, technology, advice and teamwork. A good communication plan entails the following:
There is no definite way for a team to communicate in a project, but a variety of communication methods exist, which includes:
emails, meetings, discussion boards, status reports, to-do lists or task trackers, collaboration apps.
In order to know what type of communication method to choose:
Sales $1,250,000 $800,000 $950,000
Operating assets 650,000 300,000 400,000
Net operating income 146,250 52,800 79,600
1) Compute the return on investment for each division.
2) Compute the residual income for each division.
Answer:
Trucking Seafood Construction
division division division
Sales $1,250,000 $800,000 $950,000
Net operating income $146,250 $52,800 $79,600
Income taxes ($43,875) ($15,840) ($23,880)
Net income $102,375 $36,960 $55,720
Operating assets $650,000 $300,000 $400,000
rrr x operating assets $65,000 $30,000 $40,000
1) ROI 15.75% 12.32% 13.93%
(net income/investment)
2) Residual income $81,250 $22,800 $39,600
operating income - (rrr x operating assets)
Answer:
A. consumer surplus that is generated from the introduction of a new product.
Explanation:
The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.
B. $46,000.
C. $49,000.
D. $59,000.
E. Some other amount
Answer:
B. $46,000.
Explanation:
The computation of the budgeted receivables balance on December 31 is shown below:
Particulars Sale October NOvember December Balance
October $70,000 $14,000 $49,000 $7,000 $0
($70,000 × 20%) ($70,000 × 70%) ($70,000 × 10%)
NOvemeber $60,000 $12,000 $42,000 $6,000
($60,000 × 20%) ($60,000 × 70%)
December $50,000 $10,000 $40,000
($50,000 × 20%)
Total it would be
= $6,000 + $40,000
= $46,000