Furniture Depot orders a certain brand of mattress from its supplier and sells the mattresses at its retail location. The store currently orders 40 mattresses whenever the inventory level drops to 20. The cost to hold 1 mattress in inventory for one day is $0.75. The cost cost to place an order with the supplier is $80, and inventory is 30 mattresses. The daily demand probabilities are shown in the following table:

Daily Demand Probability

2 0.08

3 0.14

4 0.20

5 0.26

6 0.22

7 0.10

Lead time is decrete uniformly distributed between two and five days (both inclusive). Simulate this inventory policy for a quarter (90 days) and calculate the total quarterly cost. Also calculate the percentage of stockouts for the quarter. Replicate these calculations N times each to calculate the average values for these measures.

The above table represents the quarterly sales (measured in millions of dollars) for the Goodyear Tire from 2017 to 2019.

1. Compute the 4-quarter moving average. Put your answers onto the table.
2. Compute the 4-quarter centered moving average. Put your answers onto the table.
3. Compute the seasonal factor. Put your answers onto the table.Compute the seasonal index. Put your answers onto the table.
4. Compute the seasonal index. Put your answers onto the table.

Tucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 18.10.

a. Find the equation of a simple linear regression line using Excel. (Round your answers to 3 decimal places.)

b. Compute trend and seasonal factor from a linear regression line obtained with Excel. (Do not round intermediate calculations. Round your answers to 3 decimal places.)

c. Forecast sales for next year using the above seasonal factors. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

1. ABC Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters.

Other information;

Which of the following production plans is least costly?

A. Plan A–chase demand by hiring and layoffs;

B.Plan B–pure level strategy,

C. Plan C–1350 level with the remainder by subcontracting? (Show all your workings)

You have the following information for company XYZ.

You need to calculate the free cash flow (cash flow from assets).

The primary reason that managers impose a minimum cash balance in the cash budget is

Assume that a company produces baby blankets. Direct material standards for the blanket are that each will use 2 yards of material at a cost of $7.95 per yard. Last month the company produced 6000 blankets, using 13,500 yards of materials at a total cost of $97.875.

Find the amount of the spending, price, and quantity variances for materials.

Visit the Fed's Summary of Commentary on Current Economic Conditions (Links to an external site.)Links to an external site., also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm

Which one of the following will decrease the cash flow from assets, all else equal? Select one: a. decrease in the change in net working capital b. increase in cash flow to stockholders
c. increase in cash flow to creditors
d. increase in net capital spending
e. increase in operating cash flow

#29

If the legal reserve requirement is 10% and the marginal propensity to consume is 80%, which is larger?

a. Money multiplier

b. Spending multiplier

c. They are equal

d. Cannot be determined

Answer is A, but why? What exactly, in simpy terms, is money propensity? What concepts do I need to know to be able to get to this answer?