(Solution) IE 341 Transportation & Logistics Engineering, Fall 2015 Assignment #4 Due On 23 December 2015, Wednesday, 17:00 (in My Office D249) You... | Snapessays.com


(Solution) IE 341 Transportation & Logistics Engineering, Fall 2015 Assignment #4 Due on 23 December 2015, Wednesday, 17:00 (in my office D249) You...


1) (10 marks) An importer of television sets from the Far East distributes them throughout the EuropeanUnion from four warehouses. Shipments are received monthly and this month's shipment is 120,000 sets.Sets are allocated to the warehouses based on monthly forecasts. The inventory records and forecasts forthe coming month show the following situation:Warehouse Quantity on hand Demand forecast1 700 10,0002 0 15,0003 2,500 35,0004 1,800 25,000How should the allocation of the television sets be made to the warehouses?2) (15 marks) A computer supply company has a memory chip in inventory that it sells to customersaround the country. The company imports the memory chips from a Japanese manufacturer. Thefollowing data are given:Average annual demand 3200 unitsReplenishment lead time 1.5 weeksUnit holding cost $8.25 /unit/yearOrdering cost $35 per ordera. Design an inventory control method for this item (that is, find the order size, the order frequency, andthe reorder point). What are the annual ordering and holding costs for the method you designed?b. Suppose that the company considers buying the chips from a local manufacturer instead of importingthem from Japan. In that case, the ordering cost will decrease to $10 per order. Additionally, thereplenishment lead time will reduce to 1 day. How should the inventory control method be changed ifthe company works with the local supplier? What would be the total annual ordering and holding costsof the updated system?3) (15 marks) A famous high end department store must decide on the quantity of a high-priced woman’shandbag to procure for the following season. The unit cost of the handbag to the store is $28.5 and thehandbag will sell for $150. Any handbags not sold by the end of the season are purchased by a discountfirm for $20. In addition, the store accountants estimate that the cost of handling each handbag is $10.a. Suppose that the sales of the bags are equally likely to be anywhere from 50 to 250 handbags duringthe season (Hint: This means that the demand distribution for handbags is uniform). Based on this,how many bags should the buyer purchase?b. A detailed analysis of past data shows that the number of bags sold is better described by a normaldistribution with mean 150 and standard deviation 20. Now, what is the optimal number of bags to bepurchased?Important notes:1. You are expected to provide full, detailed and explanatory answers, containing all relevant facts andinformation, with examples when appropriate. Show your work!2. Your homework should look professional and organized. If you use MS Excel to solve any problems, submit aprinted copy of your worksheet and clearly indicate the answer. Also, any formulas used must be indicated.3. Assignments should NOT be submitted in plastic files (please use a single staple).4. Respect the policy of working alone for all questions (see “Academic Integrity and Discipline” in syllabus.5. No late submission is allowed (17:00 in my office on 23 December 2015, Wednesday is a strict deadline).6. Keep a copy of your answers (submitted assignment) as marked assignments will NOT be returned.24) (10 marks) Mr. Lock, the manager of a hardware outlet, is concerned with the acquisition of a particulartype of snow blower that must be ordered several months before the winter. Each snow blower costs $60and sells for $100. Any units unsold at the end of the winter will be marked down to $51/unit, avoidingthe expense of storing them until the next season. The probability distribution of regular demand isestimated to be:Demand 300 400 500 600 700 800Probability 0.1 0.1 0.4 0.2 0.1 0.1a. What is the expected demand? What is the variance of demand?b. To maximize expected profit, how many units should Mr. Lock (using a discrete demand model)acquire? What is the expected profit under this strategy?c. Suppose Mr. Lock decides to fit a normal distribution, having the same mean and standarddeviation, to the above discrete distribution. With this normal distribution model, what is therecommended order quantity?5) (15 marks) Suppro is an industrial distributor that sources from hundreds of suppliers. The two modesof transportation available for inbound shipping are LTL (less than truckload) and TL (truckload). LTLshipping costs $1 per unit, whereas TL shipping cost $400 per truck. Each truck can carry up to 1.000units. Suppro wants a rule assigning products to shipping mode (TL or LTL) based on annual demand.Each unit costs $50, and Suppro uses a holding cost of 20 percent per year. Suppro incurs a fixed cost of$100 for each order placed with a supplier.a. Determine a threshold for annual demand above which TL is preferred and below which LTL ispreferred.b. How does the threshold change [relative to part (a)] if unit cost is $100 (instead of $50) with all otherdata unchanged? Which mode becomes preferable as unit cost grows?c. How does the threshold change [relative to part (a)] if the LTL cost comes down to $0.8 per unit(instead of $1 per unit)?6) (20 marks) A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinentdata about this item are as follows:Forecasted daily usagea = 50 unitsForecast error std. dev.b = 15 unitsAverage lead time = 7 daysLead time std. dev.b = 2 daysAnnual carrying cost = 30%Procurement cost per order = $50Product value = $45 per unitService level (in-stock probabilityc) = 85%a365 days per yearbNormally distributedcDuring the lead time or during the order interval plus lead time, depending on the inventory control designa. Design a continuous review system of inventory control for this item.b. Design a periodic review system of inventory control for this item.37) (15 marks) Suppose that a company has two of its warehouses that it would like to consolidate into acentral warehouse. Three top-selling items stocked in both warehouses are selected for evaluation. Fromthe monthly forecasts of the demand in the two warehouse territories, the following statistics are known:Warehouse1 Warehouse2ProductMonthlyDemand(units)MonthlyStandardDeviation(units)MonthlyDemand(units)MonthlyStandardDeviation(units)ProductValue($/unit)A 3,000 500 5,000 700 15B 8,000 250 9,500 335 30C 12,500 3,500 15,000 2,500 25The product order quantities are determined locally at each warehouse using the EOQ formula and areordered from separate vendors with an order processing cost of $25 per order. Replenishment lead timesaverage three weeks, or 0.75 months. Inventory carrying costs are 24 percent per year. The service levelduring the order cycle is set at 95 percent.How much inventory can be saved through risk pooling if the inventory is consolidated into a central1

 

IE 341 Transportation & Logistics Engineering, Fall 2015 Assignment #4 Due on 23 December 2015, Wednesday, 17:00 (in my office D249) You should work independently (alone). 1) (10 marks) An importer of television sets from the Far East distributes them throughout the European Union from four warehouses. Shipments are received monthly and this month's shipment is 120,000 sets. Sets are allocated to the warehouses based on monthly forecasts. The inventory records and forecasts for the coming month show the following situation: Warehouse Quantity on hand Demand forecast 1 700 10,000 2 0 15,000 3 2,500 35,000 4 1,800 25,000 How should the allocation of the television sets be made to the warehouses? 2) (15 marks) A computer supply company has a memory chip in inventory that it sells to customers around the country. The company imports the memory chips from a Japanese manufacturer. The following data are given: Average annual demand 3200 units Replenishment lead time 1.5 weeks Unit holding cost $8.25 /unit/year Ordering cost $35 per order a. Design an inventory control method for this item (that is, find the order size, the order frequency, and the reorder point). What are the annual ordering and holding costs for the method you designed? b. Suppose that the company considers buying the chips from a local manufacturer instead of importing them from Japan. In that case, the ordering cost will decrease to $10 per order. Additionally, the replenishment lead time will reduce to 1 day. How should the inventory control method be changed if the company works with the local supplier? What would be the total annual ordering and holding costs of the updated system? 3) (15 marks) A famous high end department store must decide on the quantity of a high-priced woman’s handbag to procure for the following season. The unit cost of the handbag to the store is $28.5 and the handbag will sell for $150. Any handbags not sold by the end of the season are purchased by a discount firm for $20. In addition, the store accountants estimate that the cost of handling each handbag is $10. a. Suppose that the sales of the bags are equally likely to be anywhere from 50 to 250 handbags during the season (Hint: This means that the demand distribution for handbags is uniform) . Based on this, how many bags should the buyer purchase? b. A detailed analysis of past data shows that the number of bags sold is better described by a normal distribution with mean 150 and standard deviation 20. Now, what is the optimal number of bags to be purchased? Important notes: 1. You are expected to provide full, detailed and explanatory answers, containing all relevant facts and information, with examples when appropriate. Show your work! 2. Your homework should look professional and organized. If you use MS Excel to solve any problems, submit a printed copy of your worksheet and clearly indicate the answer. Also, any formulas used must be indicated. 3. Assignments should NOT be submitted in plastic files (please use a single staple). 4. Respect the policy of working alone for all questions (see “Academic Integrity and Discipline” in syllabus. 5. No late submission is allowed (17:00 in my office on 23 December 2015, Wednesday is a strict deadline) . 6. Keep a copy of your answers (submitted assignment) as marked assignments will NOT be returned. https://www.coursehero.com/tutors-problems/Business/8981005 8981005 Voltage V is applied to the system of two capacitors C1 and C2 connected serially. What is the voltage and charge on each of the capacitors? Voltage V is applied to the system of two capacitors C1 and C2 connected serially. What is the voltage and charge on each of the capacitors? https://www.coursehero.com/tutors-problems/Business/8981007 8981007 Which of the following systems software does the job of merging the records from two files into one? Which of the following systems software does the job of merging the records from two files into one? A. Security software B. Utility program C. Networking software D. Documentation system E. None of the above https://www.coursehero.com/tutors-problems/Business/8981011 8981011 Early management theories have focused on the assumption that the future can be predicted and controlled. Discuss whether or not you believe this is... Early management theories have focused on the assumption that the future can be predicted and controlled. Discuss whether or not you believe this is still valid. Discuss whether or not a manager can effectively perform his or her role without the ability to predict and control. 1-2 Paragraphs https://www.coursehero.com/tutors-problems/Business/8981013 8981013 Addressing structure A. defines the fundamental method of determining effective operand addresses B. Addressing structure A. defines the fundamental method of determining effective operand addresses B. are variations in the use of fundamental addressing structures, or some associated actions which are related to addressing. C. performs indicated operations on two fast registers of the machine and leave the result in one of the registers. D. all of the above E. None of the above https://www.coursehero.com/tutors-problems/Business/8981015 8981015 The strategy of allowing processes that are logically runnable to be temporarily suspended is called A. preemptive scheduling B. non preemptive... The strategy of allowing processes that are logically runnable to be temporarily suspended is called A. preemptive scheduling B. non preemptive scheduling C. shortest job first D. first come first served E. None of the above https://www.coursehero.com/tutors-problems/Business/8981017 8981017 The LRU algorithm A. pages out pages that have been used recently B. pages out pages that have not been used recently C. pages out pages that have... The LRU algorithm A. pages out pages that have been used recently B. pages out pages that have not been used recently C. pages out pages that have been least used recently D. pages out the first page in a given area E. None of the above https://www.coursehero.com/tutors-problems/Business/8981019 8981019 Which of the following refers to the associative memory? Which of the following refers to the associative memory? A. the address of the data is generated by the CPU B. the address of the data is supplied by the users C. there is no need for an address i.e. the data is used as an address D. the data are accessed sequentially E. None of the above https://www.coursehero.com/tutors-problems/Business/8981021 8981021 To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 16 D. To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 8 B. 1 C. 16 D. 0 E. None of the above https://www.coursehero.com/tutors-problems/Business/8981025 8981025 aspirin acetaminophen ibuprofen, phenacetin, naproxen polarity aspirin acetaminophen ibuprofen, phenacetin, naproxen polarity https://www.coursehero.com/tutors-problems/Business/8981027 8981027 To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 16 D. To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 8 B. 1 C. 16 D. 0 E. None of the above https://www.coursehero.com/tutors-problems/Business/8981029 8981029 The part of machine level instruction, which tells the central processor what has to be done, is A. Operation code B. Address C. Locator D. Flip-Flop... The part of machine level instruction, which tells the central processor what has to be done, is A. Operation code B. Address C. Locator D. Flip-Flop E. None of the above https://www.coursehero.com/tutors-problems/Business/8981033 8981033 The LRU algorithm A. pages out pages that have been used recently B. pages out pages that have not been used recently C. pages out pages that have... The LRU algorithm A. pages out pages that have been used recently B. pages out pages that have not been used recently C. pages out pages that have been least used recently D. pages out the first page in a given area E. None of the above https://www.coursehero.com/tutors-problems/Business/8981035 8981035 The strategy of allowing processes that are logically runnable to be temporarily suspended is called A. preemptive scheduling B. non preemptive... The strategy of allowing processes that are logically runnable to be temporarily suspended is called A. preemptive scheduling B. non preemptive scheduling C. shortest job first D. first come first served E. None of the above https://www.coursehero.com/tutors-problems/Business/8981037 8981037 Addressing structure A. defines the fundamental method of determining effective operand addresses B. Addressing structure A. defines the fundamental method of determining effective operand addresses B. are variations in the use of fundamental addressing structures, or some associated actions which are related to addressing. C. performs indicated operations on two fast registers of the machine and leave the result in one of the registers. D. all of the above E. None of the above https://www.coursehero.com/tutors-problems/Business/8981039 8981039 Supervisor state is A. never used B. entered by programs when they enter the processor C. required to perform any I/O D. only allowed to the... Supervisor state is A. never used B. entered by programs when they enter the processor C. required to perform any I/O D. only allowed to the operating system E. None of the above https://www.coursehero.com/tutors-problems/Business/8981043 8981043 Studies indicate that the changes in fiscal and monetary policy affect the 3 economic agents in the economy (households, firms and government). Studies indicate that the changes in fiscal and monetary policy affect the 3 economic agents in the economy (households, firms and government). How do the changes in monetary and fiscal policy instruments affect you personally or work wise? Policymakers who want to stabilize the economy must decide how much to change the money supply, government spending, or taxes. Why is it difficult for policymakers to choose the appropriate strength of their actions? Which method do you think is better in the long run? Why? Some economists and policymakers argue in favor of replacing the current income tax in the USA with consumption tax. What are your opinions on the issue? How do think such change impacts your income and expenditure pattern? Which tax method do you prefer- Income tax or consumption tax? Why? What are the pros and cons of the two tax methods? I needed it by today. 7 pm central time. It will not allow me to respond to the original question I posted.  https://www.coursehero.com/tutors-problems/Business/8981045 8981045 How long would it take a 1000 W heater to melt 1.00 kg of ice at -20.0 C, assuming all the energy from the heater is absorbed by the ice? How long would it take a 1000 W heater to melt 1.00 kg of ice at -20.0 C, assuming all the energy from the heater is absorbed by the ice? A.4.18 s  B.41.8 s  C.5.55 min  D.6.25 min  E.38.4 min https://www.coursehero.com/tutors-problems/Business/8981047 8981047 Research different types of early prevention with regards to delinquency programs nationwide select 2 programs that are effective in a 2-2. Research different types of early prevention with regards  to delinquency programs nationwide select 2 programs that are effective in a 2-2.5 page essay, summarize what makes them successful , discuss their cost effectiveness, and explain their ability to curtail juvenile delinquency . https://www.coursehero.com/tutors-problems/Business/8981049 8981049 You are an auditor at a prestigious CPA firm. You are an auditor at a prestigious CPA firm.  After several years of hard work, your boss informs you that you will be in charge of this year's audit of the firm's most important client, Bullseye, a general merchandise retailer with hundreds of stores throughout the United States.  Bullseye is a publicly traded company with its corporate headquarters in Minneapolis, MN.  It does not have any foreign operations.  Local managers take care of all hiring/personnel issues but payroll is administered through corporate headquarters.  Similarly, store managers order store supplies and inventory on account through approved suppliers who send the bill to corporate headquarters where it is paid and allocated to the appropriate store.  Cash from sales is deposited on a daily basis into local branches of a national bank chain that handles all banking needs for Bullseye. and store managers have authority to withdraw cash to meet the daily business needs of their store.  Each store has a bookkeeper on staff who records all transactions.  Naturally, Bullseye relies heavily on technology to manage inventory, payroll, record keeping, and other financial issues at the store and corporate levels.  They have an integrated system where information recorded at the store level is transmitted to corporate headquarters and entered into the appropriate accounts.  Bullseye has been in generally good financial health for several years and there are no concerns about its ability to remain a going concern.  All previous audits have only found minor problems that were the result of human error, such as transposing numbers or entering amounts into the wrong account, and these errors were easily corrected. Your supervisor informs you that you will have a team of four other accountants, including an IT professional to assist on the audit.  You will be flying to Minneapolis next month to conduct the audit at Bullseye corporate headquarters.  While your boss assures you that you will have a sufficient budget to conduct a complete audit, the firm wishes to make the audit as efficient as possible.  You can send your staff to stores throughout the country if needed. Following the format for an integrated audit presented in the textbook, create a comprehensive plan, in essay form, for your audit of Bullseye, from establishing the scope of the audit through issuing the final report.  Because Bullseye has been a client for several years, this is an ongoing audit, so you only need to be concerned with collecting information about the company to the extent that you can get the information you need for conducting this audit.  The plan should be 5-7 pages and should be in APA format, with a minimum of 2 outside sources used to support your plan.  Be sure to include what accounts you will want to pay particular attention to, the risks that are relevant to this company and your audit, internal controls you will want to test and how you will test them, and any ethical concerns that may be anticipated. https://www.coursehero.com/tutors-problems/Business/8981051 8981051 To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 16 D. To avoid the race condition, the number of processes that may be simultaneously inside their critical section is A. 8 B. 1 C. 16 D. 0 E. None of the above https://www.coursehero.com/tutors-problems/Business/8981053 8981053 JOURNAL 1. You have to read magazine articles relevant to international management/business. You pick any recent articles about multinational... JOURNAL 1.You have to read magazine articles relevant to international management/business.You pick any recent articles about multinational corporations and their global activities.The best sources are the Fortune, Business Week, and Wall Street Journal. Directions are available in the DROP BOX. Size: 1-2 single-spaced pages. The structure (FORMAT) of the journal report is the following:1. Why the company has become an object of media attention?2. What problems/success the company has?3. What are the causes of problems/successes?4. What solutions the company has found or what measures took to be successful.5. What solutions you would suggest?First insert the question and then answer it. Include:* Article title* Author(s) name* Magazine name* Date of publication. Please make sure that you use an article that is on a company's international operations/business/management. https://www.coursehero.com/tutors-problems/Business/8981055 8981055 Addressing structure A. defines the fundamental method of determining effective operand addresses B. Addressing structure A. defines the fundamental method of determining effective operand addresses B. are variations in the use of fundamental addressing structures, or some associated actions which are related to addressing. C. performs indicated operations on two fast registers of the machine and leave the result in one of the registers. D. all of the above E. None of the above https://www.coursehero.com/tutors-problems/Business/8981057 8981057 The Memory Buffer Register (MBR) A. is a hardware memory device which denotes the location of the current instruction being executed. The Memory Buffer Register (MBR) A. is a hardware memory device which denotes the location of the current instruction being executed. B. is a group of electrical circuits (hardware), that performs the intent of instructions fetched from memory. C. contains the address of the memory location that is to be read from or stored into. D. contains a copy of the designated memory location specified by the MAR after a "read" or the new contents of the memory prior to a "write". E. None of the above https://www.coursehero.com/tutors-problems/Business/8981059 8981059 The Storage-to-Storage instructions A. have both their operands in the main store. The Storage-to-Storage instructions A. have both their operands in the main store. B. which perform an operation on a register operand and an operand which is located in the main store, generally leaving the result in the register, expect in the case of store operation when it is also written into the specified storage location. C. which perform indicated operations on two fast registers of the machine and have the result in one of the registers D. all of the above E. None of the above https://www.coursehero.com/tutors-problems/Business/8981061 8981061 Thrashing A. is a natural consequence of virtual memory systems B. can always be avoided by swapping C. always occurs on large computers D. can be... Thrashing A. is a natural consequence of virtual memory systems B. can always be avoided by swapping C. always occurs on large computers D. can be caused by poor paging algorithms E. None of the above https://www.coursehero.com/tutors-problems/Business/8981063 8981063 Which of the following systems software does the job of merging the records from two files into one? Which of the following systems software does the job of merging the records from two files into one? A. Security software B. Utility program C. Networking software D. Documentation system E. None of the above https://www.coursehero.com/tutors-problems/Business/8981065 8981065 In State v. Eichelberger, Part II, the defendant was tried in Washington for trafficking in stolen property. In State v. Eichelberger, Part II, the defendant was tried in Washington for trafficking in stolen property. He claimed that the evidence against him was insufficient as a matter of law to support a conviction for trafficking in stolen property because there was no evidence that he knew the compact discs he found were stolen. The Washington Court of Appeals held that: https://www.coursehero.com/tutors-problems/Business/8981067 8981067 in curcurbita W is epistatic over Y and Y gene normally responsible for yellow and green color fruits.It produces white flower. in curcurbita W is epistatic over Y and Y gene normally responsible for yellow and green color fruits.It produces white flower. What is the ratio of fruits in the progeny of cross WwYy x wwYy https://www.coursehero.com/tutors-problems/Business/8981069 8981069 A 680 m long fence is to be used to fence a area from three sides. What should be the dimensions so that area covered is maximum? A 680 m long fence is to be used to fence a area from three sides. What should be the dimensions so that area covered is maximum? https://www.coursehero.com/tutors-problems/Business/8981071 8981071 why did drayton do what he did explain political and religious movements congressman visited jail why did drayton do what he did explain political and religious movements congressman visited jail https://www.coursehero.com/tutors-problems/Business/8981073 8981073 Global Operations Management Individual Coursework Assignment continue. Global Operations Management Individual Coursework Assignment  continue.... After reporting the internationalization strategy, please explain how you will manage the new international structure. You are expected to use all relevant chapters between weeks 7-22. Again the focus is not to explain what you have learned but apply it to a hypothetical situation. This coursework should consider the level of internationalization and develop necessary level of relationship in the new international structure. As the internationalization form will develop further the level of the relationship will enhance. Please explain as a plan for the future.tata motors company  https://www.coursehero.com/tutors-problems/Business/8981075 8981075 Find an example from the media (either mainstream or social) of the "ST factor". Find an example from the media (either mainstream or social) of the “ST factor”. Post the link, or text, in your assessment question response and discuss the impact of the “ST factor” in your chosen scenario. Was it simply a novelty factor or did the use of “ST” impact the prominence of the story? https://www.coursehero.com/tutors-problems/Business/8981077 8981077 Reflection You have come a long way since you started your Program of Study at Walden University. ReflectionYou have come a long way since you started your Program of Study at Walden University. Now that your baccalaureate in the health sciences is almost complete, you will have an opportunity to reflect on your experiences and share your insights with your colleagues.To prepare for this Discussion:Review the documents in the Program of Study link in the left navigation barConsider any insights, knowledge, or experiences you’ve gained throughout your Program of StudyBy Day 4, post a thoughtful response to the following:What were the strengths and challenges of this program?Has it met, exceeded, or failed to meet your expectations? How so?What major challenges did you face, and how did you handle them?What would you recommend to someone just starting this program?Describe three lessons you learned during the program, and describe how you have or might use these experiences to enrich future work.please put it an apa format citation300 to 350 wordsthis is the program of studyHLTH 4900: CapstoneProgram Resource List for theBS in Healthcare Management Program ResourcesCtrl + Click on the Academic Guides link below toaccess your required Learning Resources for each of the BSHS courses listedbelow:   http://academicguides.waldenu.edu/content.php?pid=357648&sid=2925063   BSHCMCourses HLTH 1000: Conceptsof Health PromotionHLTH 1005: Contextof Healthcare DeliveryHLTH 2100: Principlesof EpidemiologyHLTH 2105: Introductionto Research Methods and AnalysisHLTH 2110: Behavioraland Cultural Issues in HealthcareHLTH 2115: Agingacross the LifespanHLTH 2120: HealthInformaticsHLTH 3100: Ethicaland Legal Issues in HealthcareHLTH 3105: InterdisciplinaryPerspectives in HealthcareHLTH 3110: CurrentIssues in Healthcare Policy and PracticeHLTH 3115: Publicand Global HealthHLTH 4000: Introduction to HealthManagementHLTH 4100: Healthcare Organization Theory and BehaviorHLTH 4105: Healthcare Finance and Economics HLTH 4110: Healthcare Quality and Safety HLTH 4115: Strategic Planning andMarketing in Healthcare HLTH 4120: Managing the Healthcare Workforce     please put it an apa format citation https://www.coursehero.com/tutors-problems/Business/8981079 8981079 Exercise 21-12 Fuqua Company's sales budget projects unit sales of part 198Z of 10,500 units in January, 12,900 units in February, and 13,200 units... Exercise 21-12 Fuqua Company’s sales budget projects unit sales of part 198Z of 10,500 units in January, 12,900 units in February, and 13,200 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $4 per pound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next month’s production requirements, and its ending finished goods inventory to equal 20% of the next month’s expected unit sales. These goals were met at December 31, 2013. Prepare a production budget for January and February 2014. FUQUA COMPANYProduction BudgetFor the Two Months Ending February 28, 2014 January February  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced  AddLess:  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced  AddLess:  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Prepare a direct materials budget for January 2014.FUQUA COMPANYDirect Materials BudgetFor the Month Ending January 31, 2014January Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced AddLess:  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced AddLess:  Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced $ Beginning Direct MaterialsBeginning Finished Goods InventoryCost Per PoundDesired Ending Finished Goods InventoryDesired Pounds in Ending Materials InventoryDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Cost of Direct Materials PurchasesTotal Materials RequiredTotal Pounds Needed for ProductionTotal Required UnitsUnits To Be Produced $ https://www.coursehero.com/tutors-problems/Business/8981081 8981081 Question: Choose the option that best completes the following sentence. An antecedent is ____________ A. An independent clause The noun a pronoun... Advanced English:Would like to pay someone to answer these questions, please. Can someone quote a price?Question: Choose the option that best completes the following sentence. An antecedent is ____________ A. An independent clause B. The noun a pronoun stands for C. A rule of precedence for compound nouns in a sentence D. The beginning of a sentence Question: Choose the option that best completes the following sentence. In the sentence, “To know him is to love him,” the phrase “to know him” is ______ A. The subject of the sentence B. An infinitive phrase acting as a noun C. The predicate of this sentence D. A and B Question: Choose the option that best completes the following sentence. The general rule in grammar is to place modifiers ____ A. As close as possible to the beginning of the sentence B. Immediately before the words they modify C. As close as possible to the words they modify D. Immediately after the words they modify Question: Choose the option that best completes the following sentence. Neither Alice nor Amy mentioned Alan’s arrogant behavior _____. A. Lest he’d lose his temper B. Lest he loses his temper C. Lest he loses his temper D. Less he loses his temper Question: Choose the option that best corrects the pronoun reference error in the underlined part of the following sentence. When Harold discovered that Robert has misrepresented his qualifications, he was furious. A. That Robert has misrepresent his qualifications, he was furious B. That Robert was furious because he had misrepresented his qualifications C. That Robert had misrepresented Harold’s qualifications, Harold was furious D. Robert’s qualifications, he was furious because they had been misrepresented 1 https://www.coursehero.com/tutors-problems/Business/8981083 8981083 Question: Choose the option that best completes the following sentence. An antecedent is ____________ A. An independent clause The noun a pronoun... Advanced English: Willing to pay to have this back quickly and if 100% correct, bonus.Question: Choose the option that best completes the following sentence. An antecedent is ____________ A. An independent clause B. The noun a pronoun stands for C. A rule of precedence for compound nouns in a sentence D. The beginning of a sentence Question: Choose the option that best completes the following sentence. In the sentence, “To know him is to love him,” the phrase “to know him” is ______ A. The subject of the sentence B. An infinitive phrase acting as a noun C. The predicate of this sentence D. A and B Question: Choose the option that best completes the following sentence. The general rule in grammar is to place modifiers ____ A. As close as possible to the beginning of the sentence B. Immediately before the words they modify C. As close as possible to the words they modify D. Immediately after the words they modify Question: Choose the option that best completes the following sentence. Neither Alice nor Amy mentioned Alan’s arrogant behavior _____. A. Lest he’d lose his temper B. Lest he loses his temper C. Lest he loses his temper D. Less he loses his temper Question: Choose the option that best corrects the pronoun reference error in the underlined part of the following sentence. When Harold discovered that Robert has misrepresented his qualifications, he was furious. A. That Robert has misrepresent his qualifications, he was furious B. That Robert was furious because he had misrepresented his qualifications C. That Robert had misrepresented Harold’s qualifications, Harold was furious D. Robert’s qualifications, he was furious because they had been misrepresented 1 https://www.coursehero.com/tutors-problems/Business/8981085 8981085 Question 1 of 20 5.0 Points Data sharing allows companies to work together to achieve supply chain efficiencies and increase customer satisfaction. Question 1 of 20 5.0 Points Data sharing allows companies to work together to achieve supply chain efficiencies and increase customer satisfaction. What term best describes this coordination? A. Boom-to-bust business cycle B. Order balancing C. Performance incentives D. Supply chain integration Question 2 of 20 5.0 Points Which statement is true about the bullwhip effect? A. It reflects reality in the supply chain. B. It is caused by certain types of technology. C. It is also called CPFR. D. It is a ripple effect. Question 3 of 20 5.0 Points Which of the following is an activity of collaborative planning, forecasting, and replenishment (CPFR)? A. CPFR negotiates a back-end agreement that defines responsibilities. B. CPFR neglects exception reporting. C. CRFR creates forecasts that are interdependent to each company. D. CPFR identifies exceptions or differences between companies. Question 4 of 20 5.0 Points Which statement is true regarding eXtensible Markup Language (XML)? A. XML neglects the relationship between humans and computers. B. XML is another term for electronic data interchange. C. XML transmits data in flexible formats among computers. D. XML is limited in the type of structured data that can be transmitted. Question 5 of 20 5.0 Points __________ systems are highly analytical applications from which plant capacity, material availability, and customer demand are assessed. A. Revenue management B. Sales force automation C. Transportation planning D. Advanced planning and scheduling Question 6 of 20 5.0 Points __________ lets a company experiment with different price mixes for its various products in light of the predicted demand. A. Revenue management B. Sales force automation C. Demand planning D. Advanced planning and scheduling Question 7 of 20 5.0 Points Which statement is true regarding supply chain management systems? A. They tend to focus on tactical level capabilities. B. They focus on tactical level decision making. C. They rely on ERP or legacy systems to provide data to support analysis and planning. D. They function better when not integrated. Question 8 of 20 5.0 Points A __________ system focuses on carrying out the production activities in a factory. A. warehouse management B. manufacturing execution C. transportation scheduling D. demand planning Question 9 of 20 5.0 Points Which statement is true regarding data storage and retrieval? A. Views can be created and made available to people who need them to do their jobs. B. It provides for different retrieval needs of the people who do the programming. C. It restricts views to customer use. D. All data and storage retrieval systems have pre-designed views that are not flexible in terms of customization. Question 10 of 20 5.0 Points Which statement is true regarding standard generalized markup language? A. It is another term for enterprise resource planning. B. It is a scaled down version of eXtensible Markup Language. C. It is so huge that using it would bog down most applications. D. It is another term for electronic data interchange. Question 11 of 20 5.0 Points In terms of starting supply chain collaboration, the best place to start in an effort to promote collaboration is to: A. immediately invest in an enterprise resource planning system. B. make all suppliers alliance partners. C. measure the bullwhip effect within a company. D. make all suppliers provide weekly demand reports. Question 12 of 20 5.0 Points Voluntary Interindustry Commerce Standards (VICS) Association does which of the following? A. It created a technique known as collaborative planning, forecasting, and replenishment. B. It documents best practices for collaborative planning, forecasting, and replenishment; it also creates guidelines. C. It keeps up-to-date on the technique known as collaborative planning, scheduling, and replenishment. D. It is a European association which has not yet done business in the United States. Question 13 of 20 5.0 Points Which of the following is considered a major factor that causes the bullwhip effect? A. Performance incentives B. Product development C. Line balancing D. Product costing Question 14 of 20 5.0 Points The collaborative planning, forecasting, and replenishment process is broken down into three activities, which include which of the following? A. Collaborative costing, forecasting, and replenishment B. Collaborative planning, forecasting, and warranty returns C. Collaborative planning, scheduling, and replenishment D. Collaborative planning, forecasting, and replenishment Question 15 of 20 5.0 Points Which statement is true regarding product development? A. It encompasses a company’s and a supply chain’s ability to stabilize the markets they serve. B. It encompasses a company’s and a supply chain’s ability to continue to evolve. C. It is strictly an engineering function. D. It encompasses a company’s ability to develop products, but has little to do with the supply chain. Question 16 of 20 5.0 Points Products that are made in advance in anticipation of sale are called: A. just-in-time. B. build-to-order. C. build-to-stock. D. build-to-demand. Question 17 of 20 5.0 Points Which of the following statements best describes build-to-order products? A. The way Dell assembles PCs and stores finished products in inventory until an order comes in. B. Batch products are built and stored for mass distribution. C. The way Dell assembles PCs to fit individual customer specifications. D. Products are engineered (designed) when customer orders are received. Question 18 of 20 5.0 Points In terms of collecting and using performance data, which of the following statements is true? A. Level 1 looks at diagnostic measures. B. Level 2 looks at operational data. C. Level 3 looks at diagnostic measures. D. Level 4 looks at tactical data. Question 19 of 20 5.0 Points Which statement is true regarding dashboards? A. They are exception reports for production. B. They are a one-page display of key indicators. C. They are good for historical data, but they neglect projected performance. D. They are one of many reports that are generated, but they add no value. Question 20 of 20 5.0 Points One cure for the bullwhip effect includes which of the following? A. Better sharing of data B. Restrict data sharing C. Implement an EDI system D. Dictate that suppliers implement an EDI system

 


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