How is e-commerce different from traditional retailing? Explain your perspective on the idea: “Seamlessly merging the online and offline worlds is the ultimate aim – how retailers and shopping center owners do that is what makes the retail sector one of most thrilling and pioneering around.”
In: Operations Management
Case study: Crown clothing store chain (you need to right 700 words)
Ahmed and Ali are two of the most prominent businessmen in the
Middle East. Mark and Thomas created a chain of clothing stores
five years ago and your group was recently appointed to assess
their cost cycle.
During a short discussion with the Procurement Manager, they were
informed of the following:
"Our business is growing faster than we expected. As a result, many
tasks and roles must be taken to keep our operations running. All
of the suppliers we have approved since we started the store chain
are still dealing with them and we have built a relationship based
on mutual trust. Usually the necessary supplies are purchased from
Every supplier using the phone After delivering the goods,
suppliers send the invoice to us by email. Our policy of paying the
invoices is to pay the invoice immediately upon receipt. The
payment process is also easy as the checkbook of the facility is in
my possession. For each bill on the check, then sign the check and
send it by email. All the operations are simple and work smoothly
to the best of my knowledge. "
Required:
The case should be read,
Determine the weaknesses in the Crown Garment Facility
expenditures cycle based on the information provided by the
Procurement Manager?
Please provide the necessary recommendations for each
weakness?
In: Operations Management
Assume you call the method below with an array list that contains (2,3,4,5,1)
public static void m3(ArrayList list1)
{
if (list1.size() ==1)
System.out.println(list1.get(0));
else
if (list1.size()%2==0)
System.out.println(list1.remove(0));
else
System.out.println(list1.remove(list1.size()-1));
}
What will be the output?
Assume you call the method below with an array list that contains (2,3,4,5,1)
public static void m3(ArrayList list1)
{
if (list1.size() ==1)
System.out.println(list1.get(0));
else
if (list1.size()%2==0)
System.out.println(list1.remove(0));
else
System.out.println(list1.remove(list1.size()-1));
}
What will be the output?
In: Computer Science
In: Operations Management
In: Operations Management
Companies have to update their strategy on a regular basis but sometimes need to look at radical change, briefly explain these two types of Strategic Change and how they might affect company organization. Define incremental and transformational change.
In: Operations Management
We are evaluating a project that costs $800,000, has a life of 8 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 60,000 units per year. Price per unit is $40, variable cost per unit is $20, and fixed costs are $800,000 per year. The tax rate is 21 percent and we require a return of 11 percent on this project. |
a. |
Calculate the accounting break-even point. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
b-1. | Calculate the base-case cash flow and NPV. (Do not round intermediate calculations and round your NPV answer to 2 decimal places, e.g., 32.16.) |
b-2. | What is the sensitivity of NPV to changes in the sales figure? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
c. | What is the sensitivity of OCF to changes in the variable cost figure? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
In: Finance
In: Math
Topic: Investing for Retirement
Having a difficult time narrowing this down. Have to write a 10 page paper discussing this topic. Any detailed recommendations of what I should focus on in the paper. I would like to create some sort of hypothetical situation with a client as well. Any ideas are appreciated!
In: Finance
Ecola Company uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $142,560 for the year; direct labor was estimated to total $162,000.
(1/1) | (12/31) | |||||
Raw Materials Inventory | $ | 13,800 | $ | 10,800 | ||
Work in Process Inventory | $ | 29,800 | $ | 22,800 | ||
Finished Goods Inventory | $ | 41,800 | $ | 32,800 | ||
The following transactions have occurred during the year.
Raw materials purchases | $ | 138,000 |
Direct materials used | $ | 75,600 |
Direct labor | $ | 143,000 |
Indirect materials used | $ | 16,800 |
Indirect labor | $ | 19,800 |
Factory equipment depreciation | $ | 28,800 |
Factory rent | $ | 15,800 |
Factory utilities | $ | 12,300 |
Other factory costs | $ | 9,300 |
(a) Calculate the predetermined overhead rate.
(b) Calculate cost of goods manufactured.
(c) Calculate the over- or underapplied overhead.
(Input the amount as positive value.)
(d) Calculate adjusted cost of goods
sold.
In: Accounting
Pierce & Company provides the following information concerning
the work in process at its plant:
• Beginning inventory was partially complete
(materials are 100 percent complete; conversion costs are 59
percent complete).
• Started this month, 60,700 units.
• Transferred out, 49,300 units.
• Ending inventory, 21,700 units (materials are 100
percent complete; conversion costs are 14 percent
complete).
Required:
a. Compute the equivalent units for
materials using FIFO.
b. Compute the equivalent units for
conversion costs using FIFO.
In: Accounting
PART; What would you expect economist to predict would be the impact on your life relative to the solar power industry if there were no off shore drilling and no importation of foreign oil?(Hint: The combination of these two changes would reduce the supply of oil in the United States by about 70%)
PART 2: Digging Deeper When disaster strikes, you can count on two things: Looting and Price Gouging. Consider that a major hurricane has struck. Power is out, chaos has ensued. Explain what might happen in terms of the supply of essential goods, such as food and gas. Then discuss how price gouging might result. Compare and contrast price gouging with looting.
In: Economics
CAN YOU PLEASE GIVE ME A POEM SOMETHING LIKE THAT.
Create or find a poem (any style) which reflects/describes your thoughts on teaching diverse population in the classroom. Make sure your poem has a title and demonstrates your overall understanding of the importance of including diversity in classroom curriculum.
We Are One
The color of your hair
The personality
The likings
Might not be the same as mine
The way you live
The things you eat
The language you speak
Might not be the same as mine
But We Are One
We laugh
We cry
We hope
We dream
We eat
We sleep
We thirst
We look for a way out
We rest
We feel hurt
And we feel love
We Are One
In: Psychology
Argentina Partners is concerned about the possible effects of inflation on its operations. Presently, the company sells 79,000 units for $30 per unit. The variable production costs are $15, and fixed costs amount to $890,000. Production engineers have advised management that they expect unit labor costs to rise by 20 percent and unit materials costs to rise by 15 percent in the coming year. Of the $15 variable costs, 40 percent are from labor and 20 percent are from materials. Variable overhead costs are expected to increase by 25 percent. Sales prices cannot increase more than 10 percent. It is also expected that fixed costs will rise by 7 percent as a result of increased taxes and other miscellaneous fixed charges. The company wishes to maintain the same level of profit in real dollar terms. It is expected that to accomplish this objective, profits must increase by 8 percent during the year. Required: a. Compute the volume in units and the dollar sales level necessary to maintain the present profit level, assuming that the maximum price increase is implemented. (Do not round intermediate calculations. Round up your answer for "Volume in units" to the nearest whole number and round your answer for "Sales" to the nearest whole dollar amount.)
Volume Unit | |
Sales |
b. Compute the volume of sales and the dollar sales level necessary to provide the 8 percent increase in profits, assuming that the maximum price increase is implemented. (Do not round intermediate calculations. Round up your answer for "Volume in units" to the nearest whole number and round your answer for "Sales" to the nearest whole dollar amount.)
Volume Unit | |
Sales |
c. If the volume of sales were to remain at 79,000 units, what price increase would be required to attain the 8 percent increase in profits? Calculate the new price. (Round your answer to 2 decimal places.)
New Price |
In: Accounting