Delivery of goods from a supplier is in transit for 14 days. If the annual demand...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Delivery of goods from a supplier is in transit for 14 days. If the annual demand is 2600 units, what is the average annual inventory in transit? a. 99.7 units b. 100 units c. 1.97 units d. cannot be determined from the data given 528 Delivery of goods from a supplier is in transit for 14 days. If the annual demand is 2600 units, what is the average annual inventory in transit? a. 99.7 units b. 100 units c. 1.97 units d. cannot be determined from the data given 528
Expert Answer:
Answer rating: 100% (QA)
To calculate the average annual inventory in transit you can use the f... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
(a) A local printer (within the network) is turned on but is not responding from other computers. (b) What tool will allow you to know if it is connected to the network? PING IFCONFIG IPCNONFIG...
-
Precision engineering Factory consumes 5 0 , 0 0 0 units of a component per year. The ordering receiving and handling costs are Rs 3 per order while trucking costs are Rs 1 2 per order. The carrying...
-
Based on its physical count of inventory in its warehouse at year-end, December 31 of the current year, Plummer Company planned to report inventory of $34,000. During the audit, the independent CPA...
-
Give the decoding key for the encoding keys in Problems 2536. Minus 4, divide by 2.
-
A 100-L insulated tank contains N2 gas at 200 kPa and ambient temperature 25C. The tank is connected by a valve to a supply line flowing CO2 at 1.2 MPa, 90C. A mixture...
-
Suppose that ABC fund realized a return before fees of 12%. The fund charges all its clients at 4 plus 25%, and includes a 15% hurdle-rate clause in all of its agreements. What is the client's...
-
Verify that the Tweedie distribution is a member of the linear exponential family of distributions by checking equation (13.9). In particular, provide an expression for \(S(y, \phi)\) (note that...
-
Refer to the data in exercise 7-7. Carson Weeks is taking the next step in his exploration of activity-based costing and wants to examine the overhead costs that would be allocated to two of the...
-
Discuss the current most significant liquidity risk for the banking industry.
-
Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted-average process costing method to account for costs of...
-
Bull Corporation amended its defined benefit pension plan on 1/1/21. The following information is available: 1/1/21 before 1/1/21 after amendment amendment Accumulated benefit obligation 1,150,000...
-
For a purely inductive circuit, with sinusoidal-steady-state excitation, the voltage and current phasors are (a) In phase (b) Perpendicular to each other with \(V\) leading \(I\) (c) Perpendicular to...
-
For a purely capacitive circuit, with sinusoidal-steady-state excitation, the voltage and current phasors are (a) In phase (b) Perpendicular to each other with \(V\) leading \(I\) (c) Perpendicular...
-
Which of the following items are included in official U.S. GDP statistics? Select one or more answers from the choices shown. a. Revenue generated by illegal marijuana growers. b. Money spent to...
-
Has female labor force participation increased or decreased in recent decades? What is the distribution of higher education degrees like across genders? Aside from discrimination, what are the...
-
With load convention, where the current enters the positive terminal of the circuit element, if \(\Omega\) is positive then positive reactive power is absorbed. (a) True (b) False
-
Find The area of the inner the curve r = 4 cose and outer the curve rve r = = 1
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Quince Interests is a partnership with a tax year that ends September 30, 2012. During that year, Potter, a partner, received $3,000 per month as a guaranteed payment, and his share of partnership...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
During 2012, Tom sold Sears stock for $10,000. The stock was purchased 4 years ago for $13,000. Tom also sold Ford Motor Company bonds for $35,000. The bonds were purchased 2 months ago for $30,000....
-
(a) The longitudinal data set "v4c" is in the vertical format; transform it into the horizontal format. (b) Transform the data set you obtained in part (a) back into the vertical format.
-
Perform some exploratory analysis on the DTS study described above. (a) Compute the mean and standard deviation of the HamD scores for the two treatment groups at each time point. (b) Treat repeated...
-
In this question we develop a regression model to assess the treatment effect for stigma in the DTS study, controlling for demographics and baseline measurements. We will use the cumulative logit...
Study smarter with the SolutionInn App