Inventory Costs if a companys inventory carrying costs are $5 million per year and its fixed order
Question:
Inventory Costs if a company’s inventory carrying costs are $5 million per year and its fixed order costs are $8 million per year, do you think the firm keeps too much inventory on hand or too little why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Carrying costs should be equal ...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
Do you think the aggressive drug advertising should be curtailed? Why or why not? If so, what limits would you impose? Merck spent more than $500 million on commercials proclaiming the virtues of...
-
Do you think the concept of materiality is incompatible with ethical behavior? Why or why not?
-
Do you think the trend towards telecommuting will increase or decrease in the coming years? What impact will this have on some of the major topics in this text? Be as specific as you can by even...
-
In Exercises 8486, use a graphing utility to graph f and g in the same [-8, 8, 1] by [-5, 5, 1] viewing rectangle. In addition, graph the line y = x and visually determine if f and g are inverses....
-
The first active volcano observed outside the Earth was discovered in 1979 on Io, one of the moons of Jupiter. The volcano was observed to be ejecting material to a height of about 3.00 105 m. Given...
-
The bookkeeper for Roger's Dance Studio made the following errors in journal- izing and posting. 1. A credit to Supplies of $600 was omitted. 2. A debit posting of $300 to Accounts Payable was...
-
List and briefly explain the disadvantages that companies may experience as a consequence of conducting internal environmental audits and publishing independently verified environmental (or...
-
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
Consider a projectile launched with an initial velocity of11.2m/sat an angle of0=21.9above horizontal from a cliff of heighth=11.63m.It travels a horizontal distance,d,before striking the ground at...
-
You, CPA, work as an associate with Campbell and Associates LLP, a financial and business advisory firm. The board of directors of Pembroke Pulp and Paper Inc. (PPPI) has engaged your firm once again...
-
Just-in-Time Inventory if a company moves to a JIT inventory management system, what will happen to inventory turnover? What will happen to total asset turnover? What will happen to return on equity...
-
Inventory Period at least part of Dells corporate profits can be traced to its inventory management. Using just-in-time inventory, Dell typically maintains an inventory of three to four days sales....
-
Ali plc owns a workshop from which it provides an IT repair and maintenance service. There has recently been a downturn in demand for the service. It would be possible for Ali plc to carry on the...
-
Given a U.S. $625 million seasoned pass-through insured by Ginnie Mae. This pool is to serve as a collateral to create a CMO structure with a PAC bond class, par value of $450 million and a support...
-
Assessment Description This is a group presentation done face-to-face or online (through Big Blue Button on Moodle). In groups of four or five (to be selected by the lecturer), students will present...
-
Mobile marketing has become an important component of digital marketing campaigns. Assume you are a marketing intern for a local book, comic, and video store. Describe how you could use mobile...
-
Write a Java value-returning method that adds all floating-point numbers in an array. Assume the matrix passed to the method is of type double and of dimensions MxN. Test your method by creating a...
-
9) In a large university, 38% of incoming freshmen take a personal finance course. Find the probability that of 700 randomly selected freshmen, 275 take the course
-
In its 2017 report on the second-hand economy, Kijiji estimated the value of used goods sales in Canada to be about \(\mathrm{C} \$ 29\) billion (or \(1.4 \%\) of GDP). Most exchanged goods fall into...
-
3.16. For a system with non-identical service rates (see Sect. 3.5) and a limit of N jobs in the system (Eq. 3.13), obtain an expression for the mean service time per job, E[Ts], as a function of the...
-
The average television is said to be on 6 hours per day. Estimate the yearly cost of electricity to operate 100 million TVs, assuming their power consumption averages 150 W and the cost of...
-
What are some of the drawbacks to setting profit maximization as the main goal of a company?
-
What is the appropriate goal of financial managers? Can managers decisions affect this goal in any way? If so, how?
-
What are the major factors that affect a firms stock price?
-
Include your strategies for capitalizing on your strengths and overcoming your weaknesses in order to become successful in your work related goals
-
when Recognizing and Identifying Child Abuse and Neglect, Include some strategies for capitalizing on strengths and overcoming weaknesses in order to become successful in your work-related goals?
-
What can be the most beneficial when learning about Recognizing and Identifying Child Abuse and Neglect? How can Recognizing and Identifying Child Abuse and Neglect will assist you in achieving...
Study smarter with the SolutionInn App