Assignment 2 - Updated version

Bamburi Cement is a cement manufacturing company that has been operating in Kenya for more than ten years. The supply chain of Bamburi includes the suppliers and customers. Effective management of the supply chain relationships is a critical factor in ensuring increased profits by Bamburi. Required; Explain two ways that adoption of a modern Enterprise resource planning software such as Microsoft Navision would enable Bamburi to improve the supply chain relationships with the suppliers and customers. (b) Explain two ways that a well-developed and designed Accounting system would add value for an organization such as Strathmore University.

Carriage and insurance paid to (CIP) are one of the terms of sale is used in place of which of the following? A. Free alongside ship (FAS) B. Cost, insurance, and freight (CIF) C. Cost and freight (CFR) D. Free onboard (FOB)

ABC Company purchased its inventory at a lump price of P20,000. Relative sales value for each type of inventory was: Inventory XX, P10,000 Inventory YY, P4,000 Inventory ZZ, P10,000 How much would be the cost assigned to inventory XX, YY an ZZ respectively? 10,000. 4,000 and 10,000 respectively 10,000, 4,000 and 8,333 respectively 8,333, 3,333 and 8333 respectively 6667, 6667 and 6667 respectively

What e-business revenue model(s) does Amazon.com use? Provide all answers that apply to Amazon.com. Also provide evidence or description on how Amazon uses the revenue model(s).

Mary hopes to sell 10,000 pieces of chrysanthemum last November but she was able to sell 15,000 chrysanthemum. Her chrysanthemum is sold at 20 pesos each. Her total expenses was 150,000, hence, cost per unit is 15.00. Out of the 15,000 pieces sold, Maria, one of your retailers was able to sell 5,000. What was the sales volume percentage in Maria’s location? *   a. 30% b. 3% c. 33.33%   2. Mary hopes to sell 10,000 pieces of chrysanthemum last November but she was able to sell 15,000 chrysanthemum. Her chrysanthemum is sold at 20 pesos each. Her total expenses was 150,000, hence, cost per unit is 15.00. What was her sales volume? *   a. 25,000 b. 150,000 c. 300,000 d. 10,000 e. 15,000

hpw does  REVENUE MEMORANDUM CIRCULAR NO. 60-2020 as a political factor that affects an eatery business

Chose the best choice. a. Restaurannts and fasst foood chains typically use fixed (menu) pricing. b. Let’s assumme that a computer hardware assembled by James runs a Microsoft operatinng system software. Then, the hardware and software pair could be viewed as an example of complementary products. c. Assumme a drone manufacturer (DM) makes and sells drones to customers directly with no intermediary involved. Then DM’s revenue model for such transactions can be characterizzed as a production-based model. d. a, b and c, are all true statements. e. a and b are true, but c is false.

Special Order; Strategy; International Williams Company, located in southern Wisconsin,manufactures a variety of industrial valves and pipe fittings that are sold to customers in nearbystates. Currently, the company is operating at about 70% capacity and is earning a satisfactory returnon investment.Glasgow Industries Ltd. of Scotland has approached management with an offer to buy 120,000units of a pressure valve. Glasgow Industries manufactures a valve that is almost identical toWilliams’s pressure valve; however, a fire in Glasgow Industries’s valve plant has shut down itsmanufacturing operations. Glasgow needs the 120,000 valves over the next 4 months to meetcommitments to its regular customers; the company is prepared to pay $21 each for the valves.Williams’s product cost for the pressure valve, based on current attainable standards, follows:[LO 11-2][LO 11-2]Direct materials $ 6Direct labor (0.5 hour per valve) 8Manufacturing overhead (1/3 variable) 9Total manufacturing cost…

AIP 6.9 Transfer Prices and Changing from a Cost to a Profit Center LO 2, 5Northern Blue Company has manufacturing plants and retail shops. The retail shops purchase products from the manufacturing plants. Currently, the manufacturing plants are operated as cost centers and only supply the company’s retail shops. The transfer price is cost-based and the retail shops operate as profit centers. The company presidentis considering an increase in manufacturing capacity that will allow sales to customers outside the organization. The president plans to make the manufacturing plants profit centers. Questionsa. Why are the managers of the retail shops unhappy with these new plans?

How does the Wilson approach adapt to seasonal variations in demand and inventory management?

Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotel’s CRS are $2.00 per each room reserved. Internet service provider (IDS) related charges paid by the hotel for rooms sold through Internet sites including uberhothotels.com are $10.00 per room sold. Given this information, help Joel complete the revenue estimate worksheet presented below. Net ADR Yield Estimate Worksheet: City Center Plaza Distribution Channel Group rooms Third-party merchant Rooms sold 80 100 Standard rate $185 $160 Gross revenue     Franchise fee (8%)     Franchise marketing fee (3%)     Franchisor's CRS fee ($2 per room)     IDS fee     Net total revenue     Net ADR yield

Where possible, the inventory costing method shouldmimic actual product flows.” Do you agree? Explain.

Company B is a retailer of mobile phones in Australia that works 250 days in a year. Themanager would like you to determine a minimum-cost inventory plan for an upcoming mobilephone to be launched in the market. They have collected the following information:• Annual demand: 750 phones• Phone cost: $1,005 each• Phone RRP: $1,149 each• Net weight: 167 g each• Tare weight: 257 g each• Annual inventory holding cost: 27.5%• Cost per order to replenish inventory: $81.71• Annual in-transit holding cost: 10%• Freight rate (per kg): $8.10• Freight-related charges (per shipment): $276.50 (i.e. handling fee, dangerous goodfee, and lithium battery fee)• Time to process order for freight: 2 day• Freight transit time: 5 daysThe manager wants you to determine the following information:a. Economic order quantityb. The total purchasing costc. The total ordering costd. The total inventory holding coste. The total transportation cost (by weight)f. The total freight-related cost (by shipment)g. The total…

A) In supply management, logistic management become an important process.  As part of logistic management, explain with relevent examples how is the trucking industry doing to improve efficiency. B) Describe ABC inventory analysis in one sentence identify 3 policies based upon the results of an ABC analysis

Kamal Fatehl production manager of Kennesaw​ Manufacturing, finds his profit at ​$22,400 ​(as shown in the statement​ below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to ​$32,400 so he can obtain the​ bank's approval for the loan.                                                                                                                                                                                                                                                                                                                                                                                                ​% of sales Sales 280,000 ​100% Cost of supply chain purchases 201,600 72​% Other production costs 28,000 10​% Fixed costs 28,000 10​% Profit 22,400 8​% Part 2 ​a) What percentage…

The Gray Ferrari I t all got started when Robert L. Johnson had dinner at Mr. K’s Chinese restaurant with Michael Jordan of the Washington Wizards and David Falk, the leading sports agent. When the discussion turned to cars, Johnson mentioned his interest in getting a Ferrari. Both Falk and Jordan recommended their respective dealers but Johnson found the going tough. Only a select number of Ferraris are made annually, and the automaker limits how many are sold through U.S. dealers to about 1,000 units. In practice, anyone placing an order would have to wait over two years for delivery for a car that would cost $200,000 to $300,000 depending on the model. A New Jersey dealer had a Ferrari available, but, at $300,000, Johnson felt the price was too high. Michael Jordan’s dealer had a 360 Modena available for $160,000. Although he bought it, it was not exactly what he had wanted because the Modena is not a convertible. Franco Nuschese, the owner of Georgetown’s…

Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850   a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january   february   march   april   may   june   july   august   september   october   november   december     b. To…

Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850   a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january   february   march   april   may   june   july   august   september   october   november   december

Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows:   MONTH DEMAND (UNITS) January 4,150 February 4,250 March 3,950 April 4,350 May 4,950 June 4,650 July 5,250 August 4,850 September 5,350 October 5,650 November 6,250 December 5,950   a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.)     b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…

Please provide answers to subparts d to J: Company B is a retailer of mobile phones in Australia that works 250 days in a year. The manager is determining a minimum-cost inventory plan for an upcoming phone to be launched in the market. She has collected the following information: • Annual demand: 1000 phones • Phone cost: $1,214 each • Phone RRP: $1,349 each • Net weight: 163 g each • Tare weight: 277 g each • Annual inventory holding cost: 15% • Cost per order to replenish inventory: $75 • Annual in-transit holding cost: 10% • Freight rate: $8.10 per kg • Time to process order for freight: 1 days • Freight transit time: 3 days Solve this problem using a non-linear programming (NLP) model to determine the followings: d. The total cost for holding the inventory e. The total cost for transportation f. The total cost for holding the phones during transit g. The total cost for this inventory plan h. The number of orders i. Ordering point j. The profit from this inventory plan

32.What is meant by deficient demand? Explain its causes and consequences?

The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $47 First purchase 15 units at $50 Second purchase 20 units at $21 Third purchase 18 units at $58 The firm uses the periodic system, and there are 27 units of the commodity on hand at the end of the year. What is the ending inventory balance at the end of the year rounded to nearest dollar according to the average cost method? Do not round intermediate calculations. a.$1,269 b.$1,233 c.$1,323 d.$1,148