Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the cost of holding inventory is $6 per unit per day, what are the total ordering costs during the 10-day period?
a. $6
b. $115
c. $690
d. $695
c. $690
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Budgets facilitate congruence between organizational and personal goals
Indicate whether the statement is true or false
In industries in which price changes occur frequently, demand fluctuations have practically been eliminated since buyers have become used to these changes and have learned to ignore them.
Answer the following statement true (T) or false (F)
A local partnership has assets of cash of $5,000 and a building recorded at $80,000. All liabilities have been paid. The partners' capital accounts are as follows Harry $40,000, Landers $30,000 and Waters $15,000. The partners share profits and losses 4:4:2.If the building is sold for $50,000 and there are no liquidation expenses what amount should Harry receive in the final settlement?
A. $18,000. B. $9,000. C. $5,000. D. $55,000. E. $28,000.
In the context of measuring supply chain performance, the goal of sustainability measures is to:
A) reduce the order cycle time for all customers. B) have a byproduct-free production process. C) have a carbon-neutral supply chain. D) minimize the time taken to fill a customer's order.