When Target offered online purchasing of groceries for in-store pick up and then store delivery to customer locations it realized that their supply chain logistics no longer matched with the demands of this new offer. This is an example of what kind of barrier to change?
A. personal time constraints
B. behavioral barrier
C. vested interests in the status quo
D. systemic barrier
Answer: D
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Which of the following properly reflects the impact of foreign currency translations on inventory valuations?
A. Differences in inventory valuation affect only firms using the temporal method. B. Differences in inventory valuation affect only firms using the current rate method of translation. C. Differences in inventory valuation occur under both the current and temporal methods of translation. D. The change in inventory value presented in the balance sheet and statement of cash flows will map directly.
Cost drivers measure the amount of an activity performed to explain activity costs
Indicate whether the statement is true or false
A certification authority is an independent and trusted third party empowered with responsibility to vouch for the identity of organizations and individuals engaging in Internet commerce
Indicate whether the statement is true or false
Joe Manufacturing uses 2,400 units of a product per year on a continuous basis. The product carrying costs are $60 per year and ordering costs are $250 per order
It takes 20 days to receive a shipment after an order is placed and the firm requires a safety stock of 8 days of usage in inventory. (a) Calculate the economic order quantity (round up to the nearest whole unit.) (b) Calculate the total cost per year to order and carry this item. (c) Its supplier has notified Joe that if Joe increases its order quantity by 58 units they will give it a discount. Calculate the dollar discount that the suppliers will have to give Joe Manufacturing to result in a net benefit to the company.