What is the average amount of safety stock for the reorder point in part (a)?
Kelly's Service Station does a large business in tune-ups. Demand has been averaging 210 spark plugs per week. Holding costs are $0.01 per plug per week, and reorder costs are estimated at $10 per order.
Kelly does not want to be out of stock on more than 1% of his orders. There is a one-day delivery time. The standard deviation of demand is five plugs per day. Assume a normal distribution of demand during lead time and a seven-day work week.
12 spark plugs
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If a corporation becomes insolvent, creditors can claim the assets of the individual owners
Indicate whether the statement is true or false
John was an eager new regional manager in Eagle Inc, a global manufacturing company. His first day arriving at his regional office he called all of his employees together and shared with them how important it was to him that all employees felt included and valued in the organization. He explained that starting immediately, all employees would have greater access to the corporations information. Additionally he encouraged everyone to form networking and affinity groups to build connections with their coworkers. What else should John do to enhance inclusion?
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________ firms adopt an early-follower strategy to grab a dominant position more from their strengths in marketing and manufacturing than from technological innovation.
A. Defender B. First-move C. Prospector D. Analyzer E. Entrepreneurial
Mire Corporation had the following transactions involving investments in non-influential securities during the year. Prior to these transactions, Mire had never had any investments in securities. Prepare the required general journal entries to record these transactions.Feb. 16Purchased 800 shares of HM Corporation stock at $28 per share plus a $400 brokerage fee.Feb. 26Purchased 500 shares of Sugarland Co. stock at $19 per share plus a $300 brokerage fee.Mar. 2Received a $0.95 per share dividend from the HM Corporation.Mar. 28Sold 200 shares of HM Corporation stock for $31 per share less a $150 brokerage fee.Apr. 20Sold 150 shares of Sugarland Co. stock at $17 per share less a $100 brokerage fee.Apr. 30The company is preparing quarterly financial statements; prepare an adjusting entry for
the fair value adjustment on the trading securities. At April 30, the HM stock has a fair value of $30 per share, and the Sugarland stock has a fair value of $16 per share. What will be an ideal response?