The production plan or procurement plan for raw materials and components for dependent demand items is done in ______.
a. S&OP
b. materials requirement planning
c. master scheduling
d. detailed scheduled planning
b. materials requirement planning
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Describe a wicked problem and how you would organize a social entrepreneurship to alleviate the wicked problem.
What will be an ideal response?
During 2013, a company paid $1,200,000 to acquire a roller coaster. The estimated useful life of the roller coaster was estimated at ten years and its residual value was expected to be $200,000. As of December 31, 2018, Accumulated Depreciation in the amount of $500,000 had been recorded on the roller coaster. Management estimates that other amusement parks and scrap dealers would currently pay $600,000 for the roller coaster.Required:Part a. Determine the asset impairment loss, if any, on the roller coaster at December 31, 2018.Part b. Prepare the journal entry to record the asset impairment loss on this roller coaster as of December 31, 2018.
What will be an ideal response?
During the current year, the Town of Salo Alto recorded the following transactions related to its property taxes:1. Levied property taxes of $3,300,000, of which 2 percent is estimated to be uncollectible. 2. Collected current property taxes amounting to $2,987,500. 3. Collected $26,500 in delinquent taxes and $2,400 in interest and penalties on the delinquent taxes. These amounts had been recorded as Deferred Inflows of Resources in the prior year. 4. Imposed penalties and interest in the amount of $3,750 but only expects to collect $3,100 of that amount. None is expected to be collected this year or within 30 days of year-end. 5. Reclassified uncollected taxes as delinquent. These amounts are not expected to be collected within the first 60 days of the following fiscal
year. Prepare the journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) What will be an ideal response?
Legacy MRP systems typically utilized multiple software packages and databases which caused the same information to be stored in multiple locations.
Answer the following statement true (T) or false (F)