Explain the importance of supply chain analytics
What will be an ideal response?
Supply chain analytics refers to the use of key performance indicators to monitor performance of the entire supply chain, including sourcing, planning, production, and distribution. For example, a purchasing manager can identify the suppliers that are frequently unable to meet promised delivery dates. Being able to access key performance metrics can help to identify and remove bottlenecks, such as by switching suppliers, spreading orders over multiple suppliers, expediting shipping for critical goods, and so on.
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Royal Company purchased a dump truck at the beginning of 2014 at a cost of $60,000 . The truck had an estimated life of 6 years and an estimated residual value of $24,000 . On January 1, 2016, the company made major repairs of $20,000 to the truck that extended the life 1 year. Thus, starting with 2016, the truck has a remaining life of 5 years and a new salvage value of $8,000 . Royal uses the
straight-line depreciation method. What is the book value of the truck to be reported on the balance sheet at December 31, 2016? a. $44,000 b. $50,000 c. $56,000 d. $62,000
How are the general principles of the CISG interpreted when dealing with a dispute?
What will be an ideal response?
If a statute requires a "hearing," that hearing is required to be a trial-type hearing
a. True b. False
Which of the following persons will not participate in a trial?
a. Judge b. Plaintiff's attorney c. Defendant's attorney d. Jury e. News media