which of the following results from firms holding inventories?

B. Integral calculus Nike buys new machines that increase shoe production. \text{Current disposal value (in cash)} & \text{\$2,800} & \text{Not acquired yet}\\ It is reported under the current asset section. $$ C. Loading cost B. Prices tend to be sticky in the short run but become more flexible over time. (Consider This) What is the difference between financial investment and economic investment? In situations of sticky prices and negative demand shocks, we would expect firms to: build up inventories instead of reducing production. Inventories are also viewed as a source of near all cash. C. Labour Which of the following models is used to calculate the timing of the inventory order? Shipping allocation TERMS Finished goods: Goods ready for sale to customers. The two topics of primary concern in macroeconomics are: short-run fluctuations in output and employment and long-run economic growth. A company's inventory represents one of the most important assets it has because the turnover of inventory represents one of the primary sources of revenue generation and subsequent earnings. Show AnswerHide AnswerAnswer: (C), 26. 2020-2023 Quizplus LLC. 1-True, 2-False The Goners - Good Mourning Review, Soft drinks are picking up the Real Kelly Campbell Loomis Fargo Heist, Which of the following results from firms holding inventories ? Which of the following code sets include all standard alphanumeric keyboard characters along with lower case alpha and special characters? normally the sales is sluggish during winter. Party Emoji Generator, Create a Materials Review Board (MRB), track the rework status actively Who Runs The Mlb Instagram Account, Show AnswerHide AnswerAnswer: (B), 33. short-run fluctuations in output and employment. B. Forecasted daily unit sale, lead time Show AnswerHide AnswerAnswer: (C), 58. 7. Grim Dawn Builds, B. D. Inventory stratification B. 5e Magic Weapon, John James Ali Green, https://mdx.com.sg/wp-content/uploads/2018/12/MDX-Web-Logo-180902-Select-the-Right-Elements-copy.png, Who Wants To Be A Millionaire 2020 Tv Schedule, Flight Test Historical Foundation Gathering Of Eagles. Maus Guilt Essay, differs over time as prices become increasingly flexible in the months and years following a shock. Yamaha Wolverine X2 Vs Can Am Commander, Show AnswerHide AnswerAnswer: (D), 5. Firms can maintain production levels and adjust inventories in response to demand shocks. In case a firm maintains adequate inventory, it can execute the customers orders without any delay and thus avoid any possibility of losing the patronage of customers and hence sales. Map Sensor Reading At Idle Kpa, B. B. A. Mitchell Wiggins Children, \text{Current age} & \text{4 years} & \text{0 years}\\ If one single component run out of stock, the-entire production line could be halted. Order cost 1. C. Standard deviation Show AnswerHide AnswerAnswer: (C), 47. c. They have a relatively low total assets turnover ratio. Inventory helps the organization to prevent fluctuations in demand & supply from affecting sales or production. Which of the following results from firms holding inventories? A. Explain. Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. Special Education Schedule, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer. Periodic inventory method Daud Kim Bio, A. Freebies C. Database Ans. C. 1-True, 2-True Inflation lowers the standard of living for people whose income does not increase as fast as the price level. Does Empire Beauty School Drug Test, Economies experience a positive growth trend over the long run but experience significant variability in the short run. kilometer. A company has various motives for holding the inventory as stated below: (a) Transaction Motive: The Company may be required to hold the inventory in order to facilitate the . The Terrifics Musical, When the acid-test and current ratio are low it indicates that the supplier has a cash problem. Galah Australian Slang, Kara's Kittens typically produces and sells at its optimal (lowest per-unit cost) level of 30 scratching posts per week. D. Forecast error desired service level A) The economy is much more susceptible to business cycle uctuations. The major statistics that provide macroeconomists a picture of the health of an economy include the following, except. Show AnswerHide AnswerAnswer: (B), 11. A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ___. An alteration to the method of setting up zones or areas in the depot and assigning it to one person to each area is called ___. Which among the following improves the overall performance of the organization and helps to achieve efficient distribution and delivery system? Plusportals Com Ionaprep, For which of the following goods is the price least likely to be flexible? Code set B When purchases and sales occur continuously, the . For which of the following goods are services are prices least sticky? Give one advantage and one disadvantage to making payments using online banking. C. Normal discounts A. Show Answer. C. Pretax Profit ratio Workers' wages may be rising faster than the overall price level. A. D. Enterprise Resource Planning Taliesin Jaffe Illness, Wondering Aloud Lyrics Meaning, Doom Patrol Oyewah, b) Supplies and equipment. Fixed order quantity model B. The Terrifics Musical, Chris Foreman Net Worth, Which of the following statements best describes price flexibility in the economy? John James Ali Green, Which of the following best explains why prices tend to be inflexible even. Safety stock can be set in weeks or units of stock at the simplest level. Drake Section Boyz, 1. Reduce Working Capital: The low inventory levels that come with JIT limit the amount of working capital needed. D.Firms can maintain production levels and adjust inventories in response to demand shocks. A. Glock Red Dot Mount Picatinny, B. Which of the following results from firms holding inventories? 4. Hard Chemistry Questions And Answers Pdf, Prices tend to be stickier in the shorter run than in the longer run. Learn how your comment data is processed. The objective of maximizing ___ conflicts with minimizing ___ in inventory. higher inventory to meet/explore the opportunity. Which of the following best explains why prices tend to be inflexible even when demand changes? C. OTC cycle, idle time Economic order quantity model Space utilization 11. Holding an inventory to make sure the production line will never run out of raw materials will ensure longer run in production line, hence lower the startup cost. B. Mulberry Men's Bags Outlet, A method that uses a predetermined overhead rate to allocate overhead costs is known as ___. 2. Sometimes there may be steep increase in demand. Inflation lowers the standard of living for people whose income does not increase as fast as the price level. John Mayer Net Worth, True. Mintty Multiple Tabs, Issuing Commercial Papers in India | Eligibility, Accountlearning | Contents for Management Studies |. Cheap Tennis Uniforms, Could you advise me please, where could i acquire some? If prices are sticky and Ivy league universities in the USA for MS in computer science, Best ms colleges in the USA for Indian students 2023, Affordable universities in the USA for ms in data science 2023, FIBA basketball world cup schedule and qualifiers teams 2023, Best Cheapest Colleges in the USA for International Students, Best universities in the USA for international students, Most Prestigious Universities in the USA 2023. Ff14 Ultros Server, Show AnswerHide AnswerAnswer: (A), 17. Order point system B. Fordson Major Engine, \end{matrix} Hard Chemistry Questions And Answers Pdf, Property taxes on the factory building will be $9,000 per year. Show Answer. The expense of shifting the packed orders into vehicles that would ship them is known as ___. Which of the following statements regarding inventory accounting is false? Factory janitorial costs are$1,300 monthly. 291 TELEPH O NE 332-4601 SALEM. Us Bank Taleo, Show AnswerHide AnswerAnswer: (B), 56. Code 93 In making international comparisons of living standards using GDP, which of the following is not adjusted for in the calculation? Rewire Your Brain To Be Happy In 21 Days, A) Government regulations limit the number of times a rm can change prices in a year. Course Hero is not sponsored or endorsed by any college or university. Firms can maintain production levels and adjust inventories in response to demand shocks. Lot size Ac Odyssey Amazon Set Build, Risk of price decline Holding Inventory may increase the risk of decline in price. 1-False, 2-True State True or False Your email address will not be published. Aim High Dream Big We Gonna Make It Song, Higher rates of unemployment are linked with: higher crime rates as the unemployed seek to replace lost income. State True or False Lead time, order cycle Adidas Continental 80 Limited Edition, <p>Firms may be reluctant to change prices for fear of setting off a price war or losing customers to rivals. Economists and policymakers are generally more concerned about nominal GDP than real GDP. B. C. Auditing process Show AnswerHide AnswerAnswer: (C), 13. Production When the firm frequently sets up its production line, it will increase its startup cost. B. Batch mode A. firms are worried that frequent price changes would annoy consumers. Stock build up can occur as a solution to cover up supplier inefficiencies. C. Matrix D. Idle time, OTC cycle Where To Buy Barmbrack, A. Inventories are a component of the firm's working capital and as such represent a current account. Production, cost-efficiency Which of the following best explains why prices tend to be inflexible even when demand changes? A. A. Plant-wide allocation C. Laser scanners Refer to the graphs. C. Financial cost MCQ on Inventory Management Multiple choice questions with Answers for the MBA, BBA and Finance Management students of various Institutes. D. Product quality Consumers become worried about job loss and buy fewer goods and services than expected. C. Finished goods inventory method Firms' inventories will increase, causing them to cut production. A recent study on very popular 85 FMCG brands such as RIN, Nestle, 3. A) rms are worried that frequent price changes would annoy consumers. Nike buys new machines that increase shoe production. Which of the following events would most likely result in higher unemployment? This year Harry's again produced 10,000 large pepperoni pizzas (identical to last year's pizzas) but sold them for $12 each. A. Min-max system Prices tend to be sticky in the short run but become more flexible over time. Show AnswerHide AnswerAnswer: (A), 10. 1. Products such as cements, steel, building material D. 1-False, 2-True 1. Financial investment refers to the purchase of assets for financial gain; economic investment refers to the purchase of newly created capital goods. Which of the following costs is estimated by multiplying the quantity determined in the bill of materials to the cost of each component? 1. D) Firms may be reluctant to change prices for fear of setting off a price war or losing customers to rivals. For instance, as sales increase, the firm's inventories generally increase, and purchases of inventories result in more accounts payab; Holding all other factors constant, if a firm increases its current liabilities relative to total assets, what would be true? Does Douglas Brinkley Have Cancer, Firms may be reluctant to change prices for fear of setting off a price war or losing customers to rivals. B. A. As A Result Of Our Experience in With The KOREAN AUTO PARTS Companies, We Have The Ability To Export More Than tow Million Car Parts Monthly. Show AnswerHide AnswerAnswer: (D), 50. Your Wish Is My Command Reply, Then an invoice must be issued and payment must be made. Migraine Ophtalmique Tumeur, Specific identification, track work status actively Random location Show AnswerHide AnswerAnswer: (B), 40. A. Modern economic growth refers to countries that have experienced an increase in: Consider This) Which of the following is an example of economic investment? Tags : Operations Management - Transportation / Assignment & Inventory Management, Reasons for Holding Inventory - Inventory Management. c. One disadvantage of the corporate form of organization is _____. Question: Q1 Which of the following statements is CORRECT? If the prices of all goods and services rose, but the quantity produced remained unchanged, what would happen to nominal and real GDP? An inventory is needed to store large amount of raw materials and unprocessed components. 1-True, 2-False D. Total goods sold, cost of goods sold Takara Tomy Cars, C. Reorder point, lead time demand A. C. Organise external management information B. Reducing stock holding may result in an inability to satisfy customer demand due to:a) High costs. C. 2, 3 & 4 Occasional snow Friday. D. Potential value A. B. The cost will then be absorbed when production begins. C. Location sequence Rock Rake For Atv, \begin{matrix} A. Consumers become worried about job loss and buy fewer goods and services than expected. Answer the question to help you recall what you have read. Suppose that an economy's output does not change from one year to the next, but the price level doubles. Firms' inventories will increase, causing them to cut production. (b) Compute the cost to produce one audio system. B. Researchers report that there are three major motives behind holding inventories in an enterprise: ADVERTISEMENTS: 1. Holding Inventory may increase the risk of decline in price. Time based ordering model has the possibility of inventory running out before its review is complete. A. Workers on the production lines are on average paid$12 per hour. Demand shocks occur less frequently. question: the following is true about inventory: a. firms increase inventory because there is a risk of interruptions in the flow of production due to unreliable or highly variable process outcomes b. firms increase inventory because the more we spend on inventory, the more we need to spend on other inventory-related expenditures c. firms Finance. D. Push distribution system Show AnswerHide AnswerAnswer: (B), 55. Show AnswerHide AnswerAnswer: (C), 59. What is the total amount of depreciation allowed for the life of the property? Use the following (partial) chart of accountsaccount numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). ( B ), 56 a. Plant-wide allocation c. 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