Question B Elaburate the Smart Warehouse contribution to enhance companies’ supply chain efficiency. Answer should not be less than 600 words. Thank you.
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Question B
Elaburate the Smart Warehouse contribution to enhance companies’ supply
chain efficiency.
Answer should not be less than 600 words. Thank you.
Step by step
Solved in 2 steps
- Q-1 Why the industry bearing the cost of warehousing and what values them want to achieve against this cost? You are manager warehouse in a beverage industry; describe those values your company desire to receive from warehouse managementCOMPANY CIMB BANK WRITE Sales Call Objective OF CIMB BANK: (must require customer action such as making a purchase, supplying critical information. Etc.)Tutoring Service Moss Academy offers academic hlp for emelmetary, middle and high school children, The business provides supplies needed as apart of the tutoring service monthly fee: Describe how you plan to structure extension of credit to your customers to ensure the most protection for your company in the event the customer falls behind on payments or files for bankruptcy. Assume that your business will offer some type of credit arrangements even if you do not have plans to offer the credit option. What type(s) of insurance policies will you need for your business? Identify a company located in your state that can supply at least one of the insurance policies you will need.
- Problem 12-3 (Static) A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity b. What is the average number of bags on hand? (Round your final answer to the nearest whole number.) Average number of bags c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year bags d. Compute the total cost of ordering and carrying flour. (Round your final answer to the nearest whole number.) Total cost e. If annual holding costs were to increase by $9 per bag, how much would that affect the minimum total annual cost? (Round your Intermediate calculations to 2 decimal places and final answer to 2 decimal places.) Increase byQUESTION 9 ________ provide the resources needed by a company to produce its goods and services. A. Retailers B. Marketing services agencies C. Resellers D. Suppliers E. Financial intermediariesQuestion 1 a) Explain what a “supply chain” is. b) Explain why practioneers of supply chain management need to understand management accounting.
- Problem 16-15 (Algo) The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue Cost of goods sold Value of production materials on hand Value of work-in-process inventory Value of finished goods on hand Inventory turnover ratio $350,000 307,000 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) Weeks of supply 42,500 47,000 17,500 per year b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)Question 1: Which of the following best defines " stockout costs"? options: A) They are physical goods used in operations. B) They are costs associated with retrieving inventory items from a workshop C) They are costs associated with interruptions to assembly lines D) They are associated with inventory being unavailable when needed to meet demand. E) None of the above. Question 2 At many LCBO stores in Ontario, Hennessy Cognac is kept in a clear locked case. Based on this information, according to the ABC Inventory Analysis method, is Hennessy most likely to be classified as an A item, a B item, a C item, or none of these? Question 2 options: A) C item B) None C) A item D) B item Question 3 What purpose does Rent the Runway's high-speed reverse logistics system serve? options: A) It allows the customers to return inventory to the fulfillment centre in record time. B) It allows the company to send inventory out to recipients (customers) in record time. C) It allows customers to return…Question 15 Discontinuity created by new technology a.shows the amount of effort required to measure new technology B.shows the gap between the old technology and new technology C.shows the amount of capital required to implement new technology D.shows the amount of effort required to use old technology QUESITON 16 Quantity discount model is an inventory management model where A.The cost per unit decreases as production quantities increase B.Used to determine the optimal order quantity C.The price per unit decreases as order quantities decrease D.Used to determine the economic order quantity Question 17 In strategy formulation, which of the following processes answers the question "How will the firm compete"? A.Deploying the strategy B. Defining the primary tasks C.Positioning the frm D.Determining the order winners and order qualifers
- please give me only the answer no explantion is needed Question 4 To what does the following relate: Before a purchase of inventory can be made, it has to be authorized and supported by all relevant supporting documentation. 1. Monitoring of controls 2. Validity of transactions 3. Inherent limitations- cost vs benefit 4. Inherent limitations – human error, time constraints Question 5 To what does the following relate: Although the barcoding system in the warehouse is outdated and ineffective, the company cannot see the benefit in upgrading the system based on the high cost of the system. 1. Control environment 2. Inherent limitations – cost vs benefit 3. Validity of transactions 4. Control activities – independent checks and reconciliations Question 6 One of the six areas that an auditor needs to consider when obtaining an understanding of the entity is 1. Skills and competence of the audit…10- Arwa accepts only either plastic currency or E-cash payment from her customers. Which type of retail business Arwa has? a. Online store b. Variety store c. Department store d. General merchandise store10:18 | 0.6KB/s0 8 1 64 < Individual Assesment Q JWZ 114 (23 January 2021) ndividual Assessment Based on the slide explanation, answer all question. 1. How would you define 'logistics', 'supply chain'? and How are these areas important? 2. How do you define warehouse or storage? Give one situation related to the warehouse situation. (Picture) 3. List 4 Rules of Running a Warehouse. 4. What is the Golden Rule use for humanitarian Organization? 5. What is the logistic assessment? Word count Mobile view Display directory Edit I! II