Inventory Costs if a companys inventory carrying costs are $5 million per year and its fixed order
Question:
Inventory Costs if a company’s inventory carrying costs are $5 million per year and its fixed order costs are $8 million per year, do you think the firm keeps too much inventory on hand or too little why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Carrying costs should be equal ...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
Do you think the aggressive drug advertising should be curtailed? Why or why not? If so, what limits would you impose? Merck spent more than $500 million on commercials proclaiming the virtues of...
-
Do you think the concept of materiality is incompatible with ethical behavior? Why or why not?
-
Do you think the trend towards telecommuting will increase or decrease in the coming years? What impact will this have on some of the major topics in this text? Be as specific as you can by even...
-
In Exercises 8486, use a graphing utility to graph f and g in the same [-8, 8, 1] by [-5, 5, 1] viewing rectangle. In addition, graph the line y = x and visually determine if f and g are inverses....
-
The first active volcano observed outside the Earth was discovered in 1979 on Io, one of the moons of Jupiter. The volcano was observed to be ejecting material to a height of about 3.00 105 m. Given...
-
The ball in Exercise 47 will never reach a height of 100 ft. How can this be determined algebraically? Exercise 47 An astronaut on the moon throws a baseball upward. The astronaut is 6 ft, 6 in....
-
A work center consisting of 7 machines is operated 16 hours a day for a 5-day week. Utilization is 80%, and efficiency is 110%. What is the rated weekly capacity in standard hours? LO.1
-
Job-order costing in a manufacturing company Keeney Corporation makes custom-order furniture to meet the needs of disabled persons. On January 1, 2011, the company had the following account balances:...
-
1. Agreed all disbursements to cash disbursements journal aud bank statement (date, check no., amount, payce). No exceptions noted. 2. Agreed all cash receipts to cash receipts joumal and bank...
-
The bookkeeper of Butterfly Co. gathered the following data from individual employee earnings records and daily time cards. Your task is to complete a payroll register on August 8. Assume the...
-
Just-in-Time Inventory if a company moves to a JIT inventory management system, what will happen to inventory turnover? What will happen to total asset turnover? What will happen to return on equity...
-
Inventory Period at least part of Dells corporate profits can be traced to its inventory management. Using just-in-time inventory, Dell typically maintains an inventory of three to four days sales....
-
Gold Door Credit Bank is offering 6.7 percent compounded daily on its savings accounts. If you deposit $5,100 today, how much will you have in the account in 5 years? In 10 years? In 20 years?
-
1) What are the benefits of home-based working for the company and the employees? 2) What are the challenges in performance management in working from home? 3) What is the right mix of office-based...
-
This assignment is focused on project selection and the underlying factors used to make this determination. You will need to use the readings/videos, the previous learning modules, along with some...
-
1. While improper framing could affect the information we have on sark attacks, I think our decisions come down to "anchoring and adjustment". Because the information we received from the media was...
-
For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings. Scenario Differences in Human Capital Compensating Differential Differences in...
-
All organizations whether it is the government, a private business or small businessman require planning. To turn their dreams of increase in sale, earning high profit and getting success in business...
-
How difficult does this look overall?
-
Walker, Inc., is an all-equity firm. The cost of the company's equity is currently 11.4 percent and the risk-free.rate is 3.3 percent. The company is currently considering a project that will cost...
-
The average television is said to be on 6 hours per day. Estimate the yearly cost of electricity to operate 100 million TVs, assuming their power consumption averages 150 W and the cost of...
-
What are some of the drawbacks to setting profit maximization as the main goal of a company?
-
What is the appropriate goal of financial managers? Can managers decisions affect this goal in any way? If so, how?
-
What are the major factors that affect a firms stock price?
-
All else constant, if the yield to maturity of a bond increases, the the value of the bond __________. a. increases b. decreases c. remains the same d. not enough information To answer enter a, b, c,...
-
Martha s Vineyard Marine Supply is a wholesaler for a large variety of boating and fishing equipment. The company s controller, Mathew Knight, has recently completed a cost study of the firm s...
-
1. Compute the productivity profiles for each year. If required, round your answers to two decimal places. 2a. Did productivity improve? 2b. Explain why or why not
Study smarter with the SolutionInn App