Question: Prepare the following inventory records demonstrating different ordering techniques. Hint- consider all elements of lead time 1- 1200 Red Bull Order Quantity = 10000 Order

Prepare the following inventory records demonstrating different ordering techniques. Hint- consider all elements of lead time

1- 1200 Red Bull Order Quantity = 10000

Order Point with safety stock Safety stock = 1 week usage Opening inventory = 10500

2- 3100 Apples Min/Max

Minimum = 2000 Maximum= 15000

3- 6000 Toblerone Chocolate Bars Review after 1st issue and every 4 weeks Periodic

Review with Target Safety stock = 5000 Opening inventory = 20000

Notce:2 orders for each part. For part usage reference your material plans.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Here are the inventory records with calculations 1 Red Bull Order Quantity 10000 ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

There is no obligation to preserve confidentiality.Question 20 options:TrueFalse

Q:

PRO-FORMS, INC. J.B. Bryson (-Br to everyone who knew her). General Manager of Pro-Forms. Inc., read the invitation with interest: You are invited to attend a retirement party for Iris David...." Was...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Prepare the following inventory records demonstrating different ordering techniques. Hint- consider all elements of lead time 1- 1200 Red Bull Order Quantity = 10000 Order Point with safety stock...

Q:

The Platinum Seating Company had been in the furniture business since 1975. They had focused the business mainly on office furniture. Over the years they had developed a niche market in high-end...

Q:

please answer these questions Part # 1561- Exam Care Package Parts List Item # Part # Lead Time Unit Qty UOM Part Description Proc Cat. 1 1 1 1 2 3 1 2 1000 1200 1300 6000 P NH 1 3 1 1 2 Set Each...

Q:

Please answer these two asap and in detail. thankyou so much. I can't solve them so it's just one question , which is in the third pic , the rest is for reference. Part # 1561- Exam Care Package...

Q:

Case Study Consolidated Electric: Inventory Control Jose Flores, the sole owner and president of Consolidated Electric Company, reflected on his inventory management Page 474 problems. He was a major...

Q:

3. Is a P System or a Q System more appropriate for this item? Explain. What formulas are needed for your suggested system, and how do they compare to the formulas currently being used? Design an...

Q:

Question 4 Jose Flores, the sole owner and president of Consolidated Electric Company, reflected on his inventory management problems. He was a major wholesale supplier of equipment and supplies to...

Q:

1. Miley, a single taxpayer, plans on reporting $32,775 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give...

Q:

= 0.5. The p.d.f. for the waiting time X until an event occurs often follows the exponential distribution (to be studied in Section 7.6), with the form g(x) = e-x for some positive value of , defined...

Q:

Question 1 Use the substitution method to solve the following integral: ( 2 x 2 ) 4 d x Show your work on a piece of paper and submit your work. A ) 1 1 0 ( 2 x 2 ) 5 C B ) 1 5 ( 2 x 2 ) 5 C C ) 1 1...

Q:

Carroll Company sells all its output at 25 percent above cost. Pacific Corporation purchases all its inventory from Carroll. Selected information on the operations of the companies over the past...

Q:

To qualify for the moving expense deduction, a taxpayer must satisfy a time test. a. What is the time test? b. When might the taxpayer be excused from satisfying the time test? c. What reporting...

Q:

Bram Real Estate Corporation is being liquidated. It has one major asset, an office building, which was converted into $16.4 million cash. The stockholders equity has been wiped out by past losses....

Q:

Mason performs services for Isabella. In determining whether Mason is an employee or an independent contractor, comment on the relevance of each of the factors listed below. a. Mason performs...

Q:

Refer to the information for Bolsa Corporation above. Bolsa Corporation produces high-quality leather belts. The companys plant in Boise uses a standard costing system and has set the following...

Q:

Question 15 of 15 A person who leads an orchestra is called a(n) A. composer O B. orchestrator O C. conductor O D. arranger

Q:

Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid...

Q:

The balance in the prepaid insurance account, before adjustment at the end of the year, is $14,800. Journalize the adjusting entry required under each of the following alternatives for determining...

Q:

HJ. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (1,500 pounds) has the following standards: The actual materials in a batch may vary from the standard...

Q:

Fiero Products, LTD, of Bologna, Italy, makes a variety of footwear, including indoor slippers, childrens shoes, and flip-flops. To keep up with increasing demand, it is considering three expansion...

Q:

Use the binomial distribution table to determine the following probabilities: a. n 6, p 0.08; find P(x 2) b. n 9, p 0.80; determine P(x 4) c. n 11, p 0.65; calculate P(2

Q:

Ponderosa Paint and Glass makes paint at three plants. It then ships the unmarked paint cans to a central warehouse. Plant A supplies 50% of the paint, and past records indicate that the paint is...