Food can be seen as the ‘hardest to manage’ industry because most foods are easy to be broken and contaminated. Therefore, inventory management takes an important role in the success in food industry. However, with the new technology-RFID, supply chain management become much easier. This report will analysis some advantages as well as disadvantages of RFID in food industry. Advantages of using RFID to improve safety of food. Using RFID can help to reduce conveyance time as well as food contamination
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FINACC Report Case 1-1 RIBBONS AN’ BOWS, INC. Guide Questions 1. How would you report on the three-month operations of Ribbons an’ Bows, Inc, through June 30? Was the company profitable? (Ignore Income Taxes) Why did its cash in the bank decline during the three-month operating period? 2. How would you report the financial condition of the business as of June 30, 2010? 3. Do you believe Carmen’s first three months of operation could be characterized as “successful”? Explain
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Supply Chain Task 1 B.1 Pro-Forma and Budget Quarter 1 marked the launch of NeoTech. Two million dollars in capital was raised by selling company stock. This capital was used for the initial cost of the launch. Unlike later in the simulation, budget decisions in the first quarter were much easier to manage because costs were fixed, and the revenue guaranteed. Just over half million dollars was spent to open the first office and complete research and development. I determined the direction of
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Table of Contents Part 2 - COMPANY RESEARCH / GRAPHS/ INVESTOR INFORMATION 3 (A) Brief description of each company 3 (B) Graph of daily share price of each company and all ordinary index4 Qantas Airways Ltd (QAN)4 Woolworths Ltd (WOW)5 Super Retail Group (SUL)5 All ordinary index 6 Share price of 3 company and all ordinary index6 (C) Overview of the share price performance and overall trend of the Australian share-market7 Qantas Airways Ltd (QAN)7
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300= 17 (F) Average Collection Period Average Collection Period = 365 ÷ Receivables Turnover Ratio 365 days/ 17.1= 21.3 days 21.3 (G) Inventory Turnover 8.8 Inventory Turnover Ratio = Cost of Goods Sold ÷ Average Inventory $1,058,540/[($115,500+$126,000)]/2= $1,058,540/$120,750= 8.8 times (H) Days in Inventory Days in Inventory = 365 ÷ Inventory Turnover Ratio 365 days/ 8.8= 41.5 days 41.5 (I) Times Interest Earned Net Income + Interest Expense + Tax Expense $332,000/ $22,000= 15
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HZ University of Applied Sciences, AoBACourse code: CU04319Course name: Start up your own companyTeachers: W. de Veij, V. Hartog | Period: 121, November 2012Date: November 9th, 2012Time: 09:00 – 09:45Number of pages (check): 5 | Remarks: NO MOBILE TELEPHONES during examinations. Problem 1 (maximum 10 marks) At the beginning of the airline industry, an airplane could carry around 100 people. Nowadays, airplanes such as Airbus A380, can carry 800 people. Required: How is this phenomena
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| 180,970 | + Sales Force Expense | 0 | 162,203 | 240,746 | 325,262 | + Sales Office Expense | 430,000 | 470,000 | 570,000 | 450,000 | + Marketing Research | 0 | 15,000 | 15,000 | 15,000 | + Shipping | 0 | 43,122 | 52,304 | 67,445 | + Inventory Holding Costs | 0 | 15,210 | 0 | 13,676 | + Excess Capacity Cost | 0 | 63,868 | 0 | 228,381 | + Depreciation | 0 | 25,000 | 25,000 | 50,000 | = Total Expenses | 550,000 | 1,049,663 | 1,082,020 | 1,330,734 | | | | | | | | | | |
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1. Explain the different concepts of Job Design. Job Design specifies the tasks that constitute a job for an individual or a group. There are five components of job design, namely: • Job specialization-it suggested division of labor which can be done in several ways such as development of dexterity and faster learning by the employee because of repetition, less loss of time because employees would not be changing jobs or tools and development of specialized tools and the reduction of investment
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calculations of liquidity, profitability, and solvency ratios. The liquidity, profitability, and solvency ratios allow users to identify the financial health of Kudler Foods. The liquidity ratios include the current ratio, acid-test ratio, and inventory turnover. Kudler Fine Foods has no accounts receivables so there was no need for a receivables turnover calculation. The liquidity ratios show that the amount of liquid assets is high in comparison to the industry average. This means that Kudler
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1. Exercise 1-14 Homework- exercise 1-14 | Opportunity cost - Parrish Plumbing | Incremental revenue (52 x $2,500) | | $ 130,000 | Less Incremental costs per year | | | labor | | | | $ 36,400 | | parts | | | | $ 26,000 | | transportation | | | | $ 5,200 | | office stuff | | | | $ 10,400 | | | | | | | $ 78,000 | Incremental profit/ opportunity cost | | | | | $ 52
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