There is a well-known bakery in the town, named Paris Bakery

A). what is the daily revenue of the bakery based on the following assumptions? (10 points)

- there are 10 customers in/out in 10 minutes

-each costumer buys 3 biscuits on average

-The price of biscuit is $1.50 each

-The bakery open from 8 A.M to 6 P.M

B) Owner of the Bakery wants to adopt Kanban system to reduce the inventory. Howmany Kanban containers will be needed to support the bakery based on the following assumptions?

-The daily demand is 100 batches

-The production lead time is 2 days

-Management has decided to have 1 day of safety stock

-One container fits 20 batches

C) At the Bakery, it takes 120 seconds to assemble one sandwich through 20 activities. If 30 customers arrive at the restaurant every hour on average, what is the Target Manpower the Restaurant needs to meet the demand of the sandwich?(10 points)

D) The weight of one batch has to be 3.6 lbs. to make constant size of biscuits. The Bakery has a low specification limit of 3.5 lbs. and upper specification limit of 3.7 lbs. The standard deviation is 0.1 lbs. Owner wants to reduce its defect probability 1.1%. To what level would the have to reduce the standard deviation in the process to meet this target? (10 points)

The Course Project requires you to act as consultants for a fast food chain and develop a new food product. Your competitor has just launched a new campaign introducing Junior and Grand sizes to their already famous and successful hamburger and is drawing sales away from your client. Time is of the essence, yet you do not want to over-react and make a costly mistake. You will need to be innovative and capitalize not only on your client’s success, but also focus on how to bring back lost revenue and launch a strong marketing campaign. Your market research and product launch strategy will be described both in a written paper as well as presentation of your recommendations to the class.

1. Complete product/service description, including the type of innovation represented, and the source for the idea.

2. Product/service offering and a description of benefits that customers will both recognize and realize

3. Competitive analysis

"Points awarded for description of the innovation of the new competitive product and how it will compete in the marketplace. Product offering and a description of benefits customers will realize over that of your client’s competitor. In short, how will your new innovative food product increase sales for your client and as well as win back sales from your client’s competitor. Include in this section an identification of competitor products and specific customer benefits. The material in this assignment covers sections 4-6 listed in the outline above."

1. On Feb 1 2019, ABC Co. traded in an old piece of equipment that originally cost $32,000 with a salvage value of $2000 and a useful life of 5 years for a new upgraded model that had a cash price of $40,000. The company uses straight-line depreciation and the original equipment was purchased on Feb 1, 2015. (10 points) A) Prepare the journal entry to record the exchange under the assumption that a $5,000 trade-in allowance was received and the balance was paid in cash.(B) Prepare the journal entry to record the exchange under the assumption that instead of a $5,000 trade-in allowance, a $12,500 trade-in allowance was received and the balance was paid in cash.

(A) General Journal Debit Credit

(B) General Journal  

WEEK 1: Discussion Prompt #1 - For all organizations, especially public-traded companies, one of the main goals of the organization is to maximize the value of the firm. For part one of this discussion, discuss if maximizing the value of the firm is an appropriate goal. For part two, consider an organization’s CSR program. Does maximizing the value of the firm come at the cost of the CSR program? When forming your thoughts for part two, consider Apple and Microsoft. Apple is a company that does not have a rigorous CSR program. Instead, they focus on maximizing the most profits possible. On the other hand, Microsoft and Bill Gates is one of the most “giving” companies in the business world today. Which scenario is better for society and the organization?

On August 15, 2017, Jarvis Company issued 50,000 options on the shares of RBC (Royal Bank Corporation). Each option gives the option holder the right to buy one share of RBC at $60 per share until March 16, 2018. Jarvis received $25,000 for issuing these options. At the company’s year-end of December 31, 2017, the options contracts traded on the Montreal Exchange at $.40 per contract. On March 16, 2018, RBC shares closed at $58 per share, none of the options were exercised, so the options had to be removed and any gain or loss earned thus far reported.

Required:

Record all journal entries related to these call options.

Explain a sound control over revenue recognition in the process of making credit sales for a manufacturing company.

• Trends in EP
• Question: How changes tie to changes in company revenue, costs, and competitive strategy?

(27) The logical outcome of portfolio investment theory is that the expected rate of return for a stock ( will / will not ) contain a persistent risk premium for company specific factors:

(a) it will, as investors must be compensated for bearing investment risk regardless of its source

(b) it will not, as equilibrium expected returns should reflect only non-diversifiable stock market risk

You have “volunteered” as an unpaid intern to keep the books for my company that sells hotdogs at the beach. I established the business on September 1 and officially started selling hotdogs 3 days later.

Below are the transactions for September.

September 1                 The owner contributed $20,000 to the business to start the operations.

September 2                 Purchased a fully equipped hotdog cart for $15,000. Paid $5,000 upfront and put the remainder of the balance on account.

September 3                 Purchased hotdogs, sodas and consumable supplies for $500.

September 3                 Purchased 3 months of advertising services from the HB Times newspaper for $300.

September 4                 Sold $200 worth of hot dogs to customers for cash.

September 5                 Sold $300 worth of hot dogs to customers for cash.

September 6                 Sold $100 worth of hotdogs the HBPD on account.

September 8                 The HB surfing contest company asked me to supply hotdogs for their contests and paid $600 in advance for a total of 6 contests.

September 9                 Hired a person to help with the surf contest sales. Paid that person $100 for services performed.

September 10               Purchased hotdogs, sodas and consumable supplies for $500.

September 12               Sold $200 worth of hot dogs to customers for cash.

September 18               The city of HB requested that you provide $500 worth of food for an event they are holding at the pier this coming weekend. The job was completed. The city of HB paid $200 and you billed the difference.

September 25               HBPD paid the balance on account due from September 6.

September 26               Received propane (utility) bill, $100, which was put on account.

September 30               Took out a small business loan from the bank for $15,000 to expand the business. The bank approved the loan due one year from today.

September 30               The owner withdrew $200 in the form of dividends.

Adjustments

1. Expired advertising.
2. Provided hotdogs for 3 surfing contests
3. Depreciation of hotdog cart, $300.

Instructions

1. Journalize all September transactions in the general journal. You may skip journal entry descriptions.
2. Post every journal entry recorded in #1 above to the general ledger. The first transaction on September 1 has been journalized in the general journal and posted to the general ledger as an example.

1. A company produces electric motors for use in home appliances. One of the company’s production managers is interested in examining the relationship between the dollars spent per month in inspecting finished motor products (X) and the number of motors produced during that month that were returned by dissatisfied customers (Y). He has collected the data in the file P11_32.xlsx to explore this relationship for the past 36 months.

a. Estimate a simple linear regression equation using the given data.

If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)

Q1: The predicted change in number of motors returned that is associated with an increase of $1,000 in inspection expenditures: (_____________)