Finance manager does not have to deal with other functional department Select one: True False
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- Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?A strategy that is not one of the I 0 strategic o perationsmanagement decisio ns is:a) maintenance.b) human resources, job design and work measurement.c) location strategies.d) design of goods and services.e) advertising strategies.Unilever Manufacturing operates year-round. The following data are pulled from thecompany’s most recent semi-annual report.Assets• Raw material inventory $120,000• Work-in-process inventory $50,000• Finished goods inventory $300,000• Property, plant, and equipment $500,000• Other assets $200,000• Total assets $1,150,000Condensed Income Statement• Revenue $2,000,000• Cost of goods sold $600,000• Other expenses $1,000,000• Net income $400,000Calculate the following based on a year duration:(a) Percentage invested in inventory (PIII);(b) Inventory turnover (TURNS); and(c) Weeks of supply (WOS)
- Fill in the blank question: Q. APM is known as _______________ Management.Discuss the following OM decision strategies. Please post in at least 5 days and substantially covering the topics. 1. Human resource 2. Supply chain 3. Inventory 4. Maintenance 5. Your best learning experience 5. Final project 6. Final quiz.Sammy spent $10 on stationery. This was d dollars less than 4 times what she spent on dinner. How much did she spend on dinner?
- Develop a level aggregate plan for the Draper Tax Companyif back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.Match To the correct concept ✓ A fast food supplier switches to a fair trade coffee. This costs them $0.03 more per cup but they raise prices by $0.05 and see a volume boost. ✓ P&G works with top retailers to understand customer behavior. They pass this information to their suppliers to create new packaging options, scents, and other products. ✓ Frito-Lay sends a truck and employee to each location to count and re-stock inventory themselves, rather than wait for a customer (retail manager) to order it. ✓ Long delays and demand uncertainty cause information to be distorted (more variable and less reliable) across the supply chain. A. Total Value Perspective B. Collaborative planning, forecasting, and replenishment (CPFR) C. Bullwhip Effect D. Vendor Managed Inventory (VMI)1)How is SCM-design (configuration) related to the macro trends/Business context changes we have discussed earlier in the course and the principles of modern business Value Creation. 2)A specific challenge is Management and Control in process oriented SCM-Companies. A)Why?..Explain and motivate! B)How can a Companie´s MAS (management accounting system) be designed (in principle) to support the companies realizing strategy?
- Case Exercise 3: Demand Forecasting for an Insurance CompanyMore Info Alpha $10/ Raw materials Bravo $10/ Step 1 Station 1 (10 min) Raw materials Charlie $8 Delta $5 Step 1 Station 1 (5 min) Raw materials Step 1 Station 11 (20 min) Raw materials Step 2 Station 2 (5 min) Step 1 Station 2 (20 min) Step 2 Station 2 (15 min) Step 2 Station 2 (5 min) Step 3 Station 3 (15 min) Step 2 Station 3 (10 min) Step 3 Station 3 (5 min) Step 3 Station 3 (10 min) Step 4 Station 4 (10 min) Step 4 Station 4 (20 min) Step 4 Station 4 (10 min) Q Q 5 Product Alpha Price: $85/unit Demand: 200 units/mo Product Bravo Price $90/unit Demand: 225 units/mo Product Charlie Price $75/unit Demand: 175 units/mo Product Delta Price: $70/unit Demand 275 units/mo130) Which of the following are examples of functional strategy areas? a) Finance b) Human resources C) Operations d) all of the above