Wilson Company sells 130 units daily. Each time Wilson orders more units, the supplier takes four days
Question:
Wilson Company sells 130 units daily. Each time Wilson orders more units, the supplier takes four days to deliver the inventory. What is Wilson’s reorder point (in number of units)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Wilson Company will place an order each time ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is a reorder point system in inventory control?
-
In a company that takes telephone orders from customers for general merchandise, explain how you would evaluate the performance of the company president, a middle manager who designs the system to...
-
The National Bread Company daily delivers multiple orders by truck from its regional distribution center to stores in the Waymans Supermarket chain. One measure of its supply chain performance is the...
-
Write a program that plots average path length versus the number of random edges as random shortcuts are added to a 2-ring graph on 1,000 vertices.
-
Stanley Company, a proprietorship, had the following selected business transactions during the year: 1. Land with a cost of $208,000 was reported at its fair value of $260,000. 2. A lease agreement...
-
Show that each function satisfies a Laplace equation. (x, y, z) = (x 2 + y 2 + z 2 ) -1/2
-
Bloomberg L.P. lists the top 20 U.S. companies by revenue. Walmart stores is number one followed by Exxon Mobil and Chevron. Of the 20 companies on the list, 8 are in some type of electronicsrelated...
-
Cocoaheaven processes cocoa beans into cocoa powder at a processing cost of $9,500 per batch. Cocoaheaven can sell the cocoa powder as is or it can process the cocoa powder further into either...
-
On September 22, 2021, a flood destroyed the entire merchandise inventory on hand in a warehouse owned by the Rocklin Sporting Goods Company. The following information is available from the records...
-
Calculate v1 and v2 in the circuit of Fig. 3.62 using nodal analysis. Figure 3.62 AW 8 0 4 3 A
-
Using the following data, compute Lancaster Companys economic order quantity. Total units demanded annually . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000 Cost...
-
Refer to the data in PE 20-8. The supplier may take five days to deliver the inventory if any unexpected event occurs, and the daily demand for inventory may also spike to 160 units. Compute the...
-
When and where do the agents of erosion deposit their loads?
-
From Hoffman, what are the symptoms of autism and ADHD? From the Mayo Clinic, what are the causes and risk factors for autism and ADHD? What are treatment options for these disorders? Hofmann, S. G....
-
Brooks, a participant in the Zappa retirement plan, has requested a second plan loan. His vested account balance is $80,000. Brooks borrowed $27,000 eight months ago and still owes $18,000 on that...
-
Suppose that Angelina and Brad own the only two professional photography stores in town. Each must choose between a low price and a high price for senior photo packages. The annual economic profit...
-
based on the article How Chili's Is Prepping for Tough Times, Starting With the Fries by Heather Haddon. What is corporate social responsibility, and what is one way that Chili's can better pursue...
-
QUESTION 2 (20 marks) CLO 5 a. Explain what the following ratios indicate to a firm: (i) Acid Test Ratio (ii) Return on Capital Employed (ROCE) (iii) Debtors Collection Period (iv) Working Capital (2...
-
Should foodservice workers be allowed to administer EpiPens?
-
Assume you are the accountant for Catalina Industries. John Catalina, the owner of the company, is in a hurry to receive the financial statements for the year ended December 31, 20X1, and asks you...
-
As you know, many organizations, including sport organizations, experienced financial difficulty during the economic recession that began in late 2008 and early 2009. As a result, many companies had...
-
Question: Floyd, a cash basis taxpayer, sold land in which he had a basis of $10,000, for $100,000. He received $25,000 on January 1 of the year of the sale. On December 31 of the year after the sale...
-
Construct a market-value balance sheet for FedEx, using the information in Table 7.1 and stock prices reported in Sections 7.1 and 7.2. Assume that market and book values are equal for current...
-
MMK Cos. normally pays an annual dividend. The last such dividend paid was $1.7, all future dividends are expect to grow at a rate of 8 percent per year, and the firm faces a required rate of return...
-
Question 7 of 7 0/14 W PIERDERY Current Attempt in Progress Your answer is incorrect Buffalo Corporation adopted the dollar value LIFO retail inventory method on January 1, 2019. At that time the...
-
Cost of debt with fees . Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 9.9% with semiannual payments, and will use an investment...
-
Assume that an investment of $100,000 is expected to grow during the next year by 8% with SD 20%, and that the return is normally distributed. Whats the 5% VaR for the investment? A. $24,898 B....
Study smarter with the SolutionInn App