Lou's Bakery has established that JIT should be used for chocolate chips due to the high probability of the kitchen heat melting the chips. The average demand is 160 cups of chocolate chips per week. The average setup and processing time is 1/5 day. Each container holds exactly 3 cups. The current safety stock factor is 8 percent. The baker operates four days per week.
a) How many Kanbans are required for the bakery?
b) What is the maximum authorized inventory?
c) If the average setup and processing time is increased to 3/8 of a day due to a process change, what are the new answers to (a) and (b)?

Answers

Answer 1

Answer:

a) 3 Kanbans are required for the bakery.

b) The maximum authorized inventory is 6 Kanbans.

c)

6 Kanbans are required for the bakery.

The maximum authorized inventory is 12 Kanbans.  

Explanation:

a.

Use the following formula to calculate the numbers of Kanbans required

Numbers of Kanbans required = Average Demand x ( average setup and processing time + Current Safety Stock ) / Container quantity

Numbers of Kanbans required = 160 cups x ( ( 1/5 days )/4 x ( 1 + 8% ) ) / 3 cups

Numbers of Kanbans required = 2.9

Numbers of Kanbans required = 3 Kanbans

( Rounded to whole Kanbans )

b.

Use the following formula to calculate the maximum authorized inventory

Maximum authorized inventory = Numbers of Kanbans required x 2 = 3 Kanbans x 2 = 6 Kanbans

c.

Use the following formula to calculate the numbers of Kanbans required

Numbers of Kanbans required = Average Demand x ( average setup and processing time + Current Safety Stock ) / Container quantity

Numbers of Kanbans required = 160 cups x ( ( 3/8 days )/4 x ( 1 + 8% ) ) / 3 cups

Numbers of Kanbans required = 5.4 Kanbans

Numbers of Kanbans required = 6 Kanbans

( Rounded to whole Kanbans )

Use the following formula to calculate the maximum authorized inventory

Maximum authorized inventory = Numbers of Kanbans required x 2 = 6 Kanbans x 2 = 12 Kanbans


Related Questions

HELP PLEASE!

At what point is a collection agency used to
contact a borrower?
A. The first time the borrower cannot make a payment.
B. After the borrower misses several months of payments.
C. After a year's worth of missed payments.
D. After the borrower has missed one payment on multiple loans.

Answers

D would be your answer

What's the first step in creating a resume?


Create an opening statement of the type of work you are seeking


Gather your references


Write out your work history


List your diplomas, degrees, and certifications

Answers

Create an opening statement of the type of work you are seeking

NEED HELP PLEASE
1. Explain why celebrity endorsements are risky agreements for companies.
2. Why do you think the FTC creates laws governing celebrity endorsements? To whom do these laws benefit?

Answers

Answer:

The FTC created laws governing celebrity endorsements to protect all parties involved in the endorsement because without them, celebrities could lie about their contracts

Explanation:

Punitive damages are damages imposed on the wrongdoer by the court as punishment for an unintentional tort.

True
False

Answers

Answer:

False.

Explanation:

Punitive damages are the damages that a defendant pays in addition to actual damages. Punitive damages are awarded by a court when the defendant's behavior is found to be intentional or negligent.

In the cases of tort liability, the court applies punitive damages when defendants motif is proved to be intentional.

Therefore, the given statement is false, as the court impose punitive damages for intentional tort.

FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR

What are these terms exactly mean? How do they work in business? What each term do?

Answers

The terms mentioned above are used in economics and have to do with finance.

What are FRY-9C, FRY-14M, and FRY-14Q?

In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.

The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.

On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).

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Tobias is the manager of a major ski resort in Colorado that is open from October through March. What best describes his terms of employment?

seasonal
full-time
self-employed
entry level

Answers

Answer: It's seasonal.

Explanation:

A dealership always replaces the tires and battery on a car before selling it ?

Answers

Answer:

I wouldn't think so, since they are new. But they check them, and if they are incorrect then yes, i would think so.

Explanation:

Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. How much you will pay for the bond if you purchased the bond today?

Company Price Coupon Rate Maturity Date YTM Current Yield Rating
Robin Hood 134.569 5.253 2-15-2040 - - D

Answers

Answer: $1,345.69

Explanation:

The price of the bond today can be calculated by multiplying the Par Value of the bond with the quoted percentage price of the bond today.

Quoted Percentage price = 134.569%

Price of bond = 1,000 * 134.569%

= $1,345.69

Task 1: Careers and Educational Requirements Perform online research and choose a career in the financial services industry. Determine the education you will need to prepare for this career.

Task 2: Certification Requirements
For your chosen career, identify the certification or licensing required. Develop a strategy to prepare for certification.

Task 3: Information Technology and Interpersonal Skills
For your chosen career, describe the skills you will need to learn and develop.

Answers

For Task 1, I have chosen the career of a financial analyst in the financial services industry. To prepare for this career, a Bachelor's degree in Finance, Accounting, Economics, or a related field is required.

For Task 2, becoming a Certified Financial Analyst (CFA) is highly valued in this career. The CFA program consists of three levels of exams that cover topics such as economics, financial reporting and analysis, ethics, and investment tools.

For Task 3, both information technology and interpersonal skills are important in this career. Financial analysts must have strong analytical skills and be proficient in using financial modeling software and spreadsheet applications.

Task 1-  Many employers also prefer candidates with a Master's degree in one of these fields. Additionally, courses in statistics, mathematics, and computer science can be beneficial in this career.  Task 2- To prepare for this certification, one should enroll in a CFA program review course, study the material thoroughly, and take practice exams to prepare for the rigorous testing process.

Task 3- They also need to have excellent communication and interpersonal skills to be able to work effectively with clients and team members. Additionally, they must be able to present complex financial information in a clear and understandable manner. Developing and honing these skills can be achieved through a combination of on-the-job experience, training, and continuing education courses.

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During the staff meeting, the performance of BJ is discussed. BJ works hard but received a poor customer rating, and the manager is told to “figure it out” or fire BJ. Which of the following would be the best approach to try to improve BJ’s performance?

Answers

Answer:

BJ

Explanation:

Hi is the hard worker

so, he is the best

Providing him with 360-degree feedback from customers, co-workers and managers to give him insight into how his behavior is perceived will help improve his performance.

What is a 360-degree feedback?

A 360-degree feedback refers to a process that allows employees to receive feedback from the people who work around them.

In conclusion, the feedback will let him know how to improve on his work performance.

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Karrie would like to draw attention to some short statements in her document.

What is the best way to draw the readers deeper into the text?

insert pull quotes
change the text color
use a large font
highlight the text

THE CORRECT ANSWER IS A: INSERT PULL QUOTES

Answers

Karrie wants to call attention to a few brief assertions in her document. The best way to draw the readers deeper into the text is by inserting pull quotes. Hence, Option A is correct.

What are pull quotes?

Pull quotes are composed of text that is taken from the original text, reproduced, and presented as a visually arresting feature on the page.

 

Pull quotes are condensed passages from the text that is being read. They are employed to interrupt the reader's flow and give a text passage a more prominent place in the post or article.

Therefore, Option A is correct.

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what is a marketing plan ?? answer please .

Answers

a marketing plan may be part of an overall business plan. Solid marketing strategy is the foundation of a well-written marketing plan so that goals may be achieved.

Answer:

marketing plan is defined as a comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing mix that a business will use to achieve their marketing goals.

select all the reasons to keep your money in a financial institution

Answers

The reasons to keep your money in a financial institution are:

Safety - To keep your money safe from burglars.

Convenience - Its easy to get your money out of the ATM when you need it.

Growth - If you put your money in a savings account you can collect interest.

Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back

What are financial institution?

Financial institutions are organizations that provide financial services to individuals, businesses, and governments. These institutions include banks, credit unions, investment companies, insurance companies, and other financial intermediaries.

Banks are perhaps the most well-known financial institutions. They provide a range of financial services, including checking and savings accounts, loans, mortgages, and credit cards. Credit unions are similar to banks, but are typically smaller and owned by their members.

Investment companies, such as mutual funds and exchange-traded funds (ETFs), allow individuals to invest in a variety of assets, such as stocks, bonds, and real estate, without directly owning those assets. Insurance companies offer various types of insurance, such as life insurance, health insurance, and auto insurance, to help individuals and businesses manage risk.

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select all the reasons to keep your money in a financial institution

Safety - To keep your money safe from burglars.

Convenience - Its easy to get your money out of the ATM when you need it.

Growth - If you put your money in a savings account you can collect interest.

Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back

None of the above

do you want to buy mah flamago milk?

Answers

yes plz gimmie flamago milk

Answer:

no thank you man I'm lactose intolerant

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from

Answers

The implied earnings yield be 4.1%.

Thus, the correct option is B.

What do you mean by earnings?

The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.

EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.

Earnings are the sum of money that a person or organization receives over a specific time period.

They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.

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What is macroeconomics?

Answers

Answer:

Macroeconomics is the study of large scale economic issues such as those which affect the entire economy. This is in contrast to Microeconomics which looks at smaller scale economic principles. Macroeconomics is a highly practical discipline as it deals with principles that directly impact every part of life.

What is the most money that an investor could lose if they buy 40 shares of electriccarco for $25/share

Answers

Answer:

$300

Explanation:

buying and selling textbooks are two separate decisions made at the margin. textbooks create value both when they are bought and when they are sold.

Answers

The total value have you gained is $235.

The total value acquired from trading the reading material can be determined as follows:

The worth acquired from purchasing the course reading: $450 (the most extreme you were able to pay) - $250 (the genuine cost paid) = $200

The worth acquired from selling the reading material: $125 (half of the first cost paid) - $90 (the worth of the book to you in the wake of finishing the tasks) = $35

Thus, the complete worth acquired from trading the reading material is $200 + $35 = $235.

The total value acquired from trading a course is not set in stone by the distinction between the price tag and the selling cost. Assuming the selling cost is higher than the price tag.

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This question is not complete , Here I am attaching the complete question:

buying and selling textbooks are two separate decisions made at the margin. textbooks create value both when they are bought and when they are sold. think about your decision to buy the textbook for this course. you paid $250 for the book, but you would have been willing to pay $450 to use the book for the semester. suppose that at the end of the semester you could keep your textbook or sell it back to the bookstore. once you have completed the course, the book is worth only $90 to you. the bookstore will pay you 50% of the original $250. how much total value have you gained?

You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture

Answers

Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

What is Accounting?

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

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6. When you find income elasticity of demand, you can determine whether the goods are normal or inferior based on whether your answer is a positive or negative number. Explain. Include definitions of inferior and normal goods in your explanation.

Answers

Explanation:

Normal goods are the whose demand decreases with increase in price whereas in economics inferior goods are those whose demand decreases with increase in people's income.

Normal goods have a positive income elasticity of demand; as incomes rise, more goods are demanded at each price level.Inferior goods have a negative income elasticity of demand; as consumers' income rises, they buy fewer inferior goods.

Briefly explain how the demand curve for workers is determined.

Answers

Answer:

When the marginal revenue product of labor is graphed, it represents the firm's labor demand curve. The demand curve is downward sloping due to the law of diminishing returns; as more workers are hired, the marginal product of labor begins declining, causing the marginal revenue product of labor to fall as well.

Explanation:

list four government services and benefits they provide to you and your family. try to put a monetary value on these benefits by thinking about what you would be willing to give up to receive them if they were not available

Answers

Populations that are impacted can also be assessed using economic value metrics, frequently by dividing the total number of parties impacted by the magnitude of each benefit or harm.

The societal advantages supplied by regulatory alternatives and other ecosystem management or policy initiatives, as well as the tradeoffs between them, can be demonstrated for decision-makers using the economic evaluation of ecosystem services.

Value entails a systematic measurement of the advantages and costs experienced by society in comparable (often monetary) units using methods based on economic theory. Decision-makers frequently use monetary valuation because of its benefits, such as the capacity to aggregate benefits and compare benefits and costs.

Economic valuation's adherence to economic welfare theory is one of its distinguishing features. The formal foundation needed to link changes in anticipated financial values with net well-being or social welfare is provided by this underlying theory. In the absence of this relationship, there is no guarantee that a monetary measure will correlate in any way to social wellbeing.

Money estimates of ecosystem services that have been estimated using methods that share this theoretical grounding are internally consistent and directly comparable, regardless of the source or cause of the benefit or cost.

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How are SAE programs expanded and/or diversified?

Answers

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

Increased self-employment has led to something like the SAE programs.  Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.  By introducing or growing new goods as well as companies. This would be referred to those as diversification.  Whilst also connecting to the awareness acquired via the SAE programs.

In the context of factors of production, which of the following an example of a natural resource?

a. An equipment
b. Land
c.An investment
d.Information

Answers

We would need a photo to help us understand what’s going on. We haven’t read it so we wouldn’t know. Sorry, but maybe if u add one i can help you out!

The Timberlake-Jackson Wardrobe Co. has 10.5 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,142.49, what is the YTM

Answers

Answer:

bébete la pastilla Randy jariel

Assume the following information for Teal Mountain Corp.
Accounts receivable (beginning balance) $143,000
Allowance for doubtful accounts (beginning balance) 11,340
Net credit sales 930,000 Collections 912,000
Write-offs of accounts receivable 6,400
Collections of accounts previously written off 2,200
Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable.
1. Prepare the entries to record sales and collections during the period.
2. Prepare the entries to record the recovery of the uncollectible account during the period.
3. Determine the ending balance in Accounts Receivable and the unadjusted balance in Allowance for Doubtful Account.
4. Prepare the entry to record bad debt expense for the period.
5. Determine the ending (adjusted) balance in Allowance for Doubtful Accounts.

Answers

Answer:

Teal Mountain Corp.

1. Entries to record sales and collections during the period:

Debit Accounts Receivable $930,000

Credit Sales Revenue $930,000

To record credit sales.

Debit Cash Account $912,000

Credit Accounts Receivable $912,000

To record cash collections.

2. Entries to record recovery of the uncollectible account:

Debit Cash Account $2,200

Credit Allowance for doubtful accounts $2,200

To record uncollectible previously written off

3. Ending balance in Accounts Receivable and unadjusted balance in Allowance for Doubtful Account:

Accounts Receivable

Beginning balance $143,000

Credit Sales             930,000

Collections              -912,000

Write-offs                   - 6,400

Balance                 $154,600

Allowance for Doubtful Accounts (Unadjusted)

Beginning balance          $11,340

Uncollectible written off  -6,400

Uncollectible collections  2,200

Balance (unadjusted)      $2,740

4. Entry to record bad debt expense for the period:

Debit Bad Expense $6,536

Credit Allowance for Doubtful Accounts $6,536

To bring the balance to $9,276.

5. Adjusted ending balance in Allowance for Doubtful Accounts = $9,276

Explanation:

6% of accounts receivable = $154,600 x 6% =  $9,276

The state of Florida is known to produce oranges more than majority of the other states, so Florida has a(n) __________ in oranges.

Answers

Answer:70% production

Provide your answers to pick from please.

Explanation:

The state of Florida has a comparative advantage in oranges. A comparative advantage refers to a situation where a country or state can produce a specific good or service at a lower opportunity cost compared to other countries or states.

In the case of Florida, it means that the state can produce oranges more efficiently and effectively compared to other states, considering its climate, soil conditions, expertise in orange cultivation, and other factors. This advantage allows Florida to produce oranges at a lower cost, leading to higher production and exportation of oranges, making it a dominant player in the orange industry within the United States.

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At December 31, 2020, Burr Corporation owes $500,000 on a note payable due February 15, 2021.(a) If Burr had restructured the note on December 15, 2020, such that Burr has the contractual right to defer payment of $250,000 of the note until February 15, 2022, how much of the $500,000 should be reported as a current liability at December 31, 2020

Answers

Answer:

$250,000

Explanation:

First and foremost, initially the whole amount payable( $500,000) was to be paid in one month and 15 days counting from December 31, 2020, hence, since the amount is payable within a  year, it should have been classified as the current liability.

However, the refinancing meant that  $250,000 would be deferred to 2022 while the balance of $250,000 ($500,000-$250,000) is still payable on the agreed date (February 15, 2021).

As a result, $250,000  would be reported as a current liability while the balance  of $250,000 is shown as non-current(long-term) liability.

Of the $500,000 Note Payable, $250,000 should be reported as a current liability by Burr Corporation, while the remaining $250,000 should be reported as a long-term liability.

Data and Calculations:

Note Payable on December 31, 2020 =$500,000

Maturity date = February 15, 2021

Restructuring date = December 15, 2020

New Maturity date after restructuring = February 15, 2022

Current liability at December 31, 2020 = $250,000 ($500,000 - $250,000)

Long-term liability = $250,000 ($500,000 - $250,000)

Thus, in the balance sheet as of December 31, 2020, Burr Corporation can report $250,000 as a current liability instead of $500,000. The remaining $250,000 is reported as a long-term liability.

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What are ethics? How do they apply to the hospitality and tourism industry?

Answers

Ethics or moral philosophy is a branch[1] of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior."[2] The field of ethics, along with aesthetics, concerns matters of value, and thus comprises the branch of philosophy called axiology.[3]

Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety

Answers

Answer:physiological

Explanation:

According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.  

What is  Maslow's hierarchy of needs?

According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.

The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.

They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.

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