Final answer:
The Volvo and FedEx warehouse in Memphis for delivering truck parts within 24 hours embodies the just-in-time (JIT) delivery system. While JIT increases supply chain efficiency and demands close supplier proximity, it can negatively impact labor wages and requires improved technology, transportation, and policies to ensure resilience.
Explanation:
Volvo, in collaboration with FedEx, has set up a warehouse in Memphis stocked with all the necessary truck parts to swiftly address emergency parts needs. By calling a toll-free number, a dealer can have the part delivered within 24 hours. This system exemplifies the just-in-time (JIT) delivery strategy, which has revolutionized supply chain management. Unfortunately, while JIT has efficiencies, it also puts pressure on labor, potentially driving wages down as manufacturers seek out low-cost, non-union labor.
Moreover, the just-in-time delivery approach makes every link in the supply chain critical since an issue at any point, like a strike at a sub-assembly plant, can halt the whole production chain. This model demands manufacturers to maintain rigorous quality control and to often select suppliers located within a day's drive to ensure timely deliveries. To address supply chain vulnerabilities, advancements in technology, transportation, and policy are critical, along with a commitment to protecting labor rights.
Containerization and global assembly lines further transform manufacturing and logistics by lowering transportation costs and enabling worldwide distribution networks. However, these changes have also led to job losses in specific sectors and influenced the location decisions of industries regarding both factories and warehouses to improve economic efficiencies.
The doubling time of the balance for a money market certificate of deposit (cd) is 25 years. by what factor does it grow in 40 years?
Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of $1.45 per share. the stock is currently selling for $60 per share. what rate of return did mike earn over the years
Final answer:
Mike earned a 15.94% rate of return on his investment in Dallas Corporation stock, which includes both dividends received and the capital gain from the increase in the stock's selling price over the year.
Explanation:
To calculate the rate of return Mike earned on his investment in Dallas Corporation stock, you need to consider both the dividends received and the capital gains from the increase in stock price. Mike bought the stock at $53 per share and received dividends of $1.45 per share.
The stock's current price is $60, up from the purchase price. Therefore, Mike has made a capital gain of $60 - $53 = $7 per share. His total earnings per share, including dividends, are $7 (capital gain) + $1.45 (dividends) = $8.45.
The rate of return is calculated by dividing the total earnings per share by the original purchase price per share and then multiplying by 100 to get a percentage. So, Mike's rate of return would be ($8.45 / $53) × 100 = 15.94%. Therefore, Mike earned a 15.94% return on his investment over the year.
The ________________ variance is the difference between the actual variable overhead costs and the budgeted variable overhead for actual production.
A government wants to reduce electricity consumption by 5%. the price elasticity of demand for electricity is minus−0.5. the government must ________ the price of electricity by ________.
Answer/Explanation:
The government mystery RAISE the price of electricity by 10%.
Lee abrams which individual sold album-oriented-rock formats as prepackaged products
If you were interested in evaluating the profitability of a company and could have only limited historical data, would you prefer to know operating income or net income for the past five years?
"small-denomination time deposits are" included in the definition of both m1 and m2
_____________ evaluate the newest and most innovative technologies and determine how they can be applied for competitive advantage. they develop technical standards, deploy technology, and supervise workers who deal with the daily it issues of the firm. select one:
a. project managers
b. chief technology officers ceos and. cfos
Mario and luigi want to open up a pizza place. they have determined that the rent will cost them $2,000 per month and administrative salaries will cost $3,000 per month. the variable cost per pizza will be $7.00. mario and luigi estimate they will sell 850 pizzas per month. if mario and luigi sell all 850 pizzas and the only costs they incur are the ones listed above, what is their breakeven price per pizza?
To determine Mario and Luigi's breakeven price per pizza, sum the fixed costs of rent and salaries ($5,000) and divide by the number of pizzas they plan to sell (850), resulting in a breakeven price of approximately $5.88 per pizza.
Mario and Luigi's breakeven price per pizza can be calculated by adding their fixed costs (rent and salaries) and dividing the sum by the number of pizzas they estimate to sell. The fixed costs include a monthly rent of $2,000 and administrative salaries of $3,000. Adding these together gives us a total fixed cost of $5,000 per month. Since they estimate selling 850 pizzas per month, the breakeven price per pizza is calculated by dividing the total fixed costs by the number of pizzas:
Total Fixed Costs = Rent + Salaries = $2,000 + $3,000 = $5,000
Breakeven Price per Pizza = Total Fixed Costs / Estimated Number of Pizzas Sold = $5,000 / 850 pizzas
Thus, the breakeven price per pizza for Mario and Luigi would be approximately $5.88.
Suppose that you were asked to help design a survey of adult city residents in order to estimate the proportion that would support a sales tax increase. the plan is to use a stratified random sample, and three stratification schemes have been proposed. scheme 1: stratify adult residents into four strata based on the first letter of their last name (a-g, h-n, o-t, u-z) scheme 2: stratify adult residents into three strata: college students, nonstudents who work full time, nonstudents who do not work full time. scheme 3: stratify adult residents into five strata by randomly assigning residents into one of the five strata. which of the three stratification schemes would be best in this situation
In order to estimate the level of difficulty of text for reading instruction, which is an effective framework?
Charger company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. the debt to equity ratio for the period is (rounded to two decimals):
The debt to equity ratio (D/E ratio) gives us an indicator on how much debt a company is using to finance its assets in relative to the quantity of value represented in shareholders' equity. This is calculated by dividing total liabilities with total equity:
D/E ratio = $17,457,000 / $12,650,000
D/E ratio = 1.38
Sales of $3800, has variable costs $300 and has fixed costs$1000. calculate the degree of operating leverage
The most effective audit procedure for determining the collectibility of an account receivable is the
The utmost effective audit procedure for determining the collectability of an account receivable is the, review of the subsequent cash collections. Reviewing the subsequent cash collections speeds up the audit procedure to determine the collectability of an account receivable.
When it appears in a letter, memo, or email, what does the symbol "c" stand for?
One of the reasons the apple ii computer was popular was that ________.
Research asking employees about their benefits has shown that employees:
In terms of employees researching their benefits means that the employees have underestimate the cost and value of their benefits as they try to research their rights an employer and their benefits or advantages that they should acquire when they are working under a company or other field in their line of work.
Research on asking employees about benefits reveals positive outcomes such as increased job satisfaction and performance.
Research has shown that when employers ask employees about their benefits, it can lead tor outcomes such as higher job satisfaction, better job performance, and greater organizational commitment. Employees who are well-informed about company goals and strategies are more likely to feel empowered and motivated, resulting in a competitive advantage for organizations.
When mp3 players emerged and cassette players declined in popularity, what type, or types, of unemployment were created?
The decline of cassette players and rise of mp3 players led to structural unemployment in the manufacturing and retail sectors related to cassettes. Structural unemployment occurs when workers' skills no longer match the needs of the labor market due to technological changes or shifts in the economy.
Explanation:Types of Unemployment Resulting from Declining IndustriesWhen mp3 players emerged and cassette players declined in popularity, the type of unemployment that was created is known as structural unemployment. Structural unemployment occurs when there is a shift in the economy that creates a mismatch between the skills workers possess and the skills needed for the new jobs being created. In the case of mp3 players becoming more popular, demand for cassettes and their players decreased, rendering the related manufacturing and retail jobs obsolete. Workers in these industries likely experienced structural unemployment as their specific skills were no longer in demand and they may have had difficulty finding new jobs without retraining or acquiring new skills.
Let's examine the specific types of unemployment in various scenarios:
While some unemployment can reflect a healthy changing economy, high levels of unemployment, especially cyclical and structural, can indicate economic issues. Cyclical unemployment is often seen as undesirable because it is associated with economic downturns, while structural unemployment indicates a need for workforce adaptation. Frictional unemployment, on the other hand, is a normal part of a dynamic labor market and can be seen as a sign of economic vitality and individual career growth.
Nico bought 500 shares of a stock for $24.00 per share on january 1, 2013. he received a dividend of $2.50 per share at the end of 2013 and $4.00 per share at the end of 2014. at the end of 2015, nico collected a dividend of $3.00 per share and sold his stock for $20.00 per share. what is nico's realized total rate of return?
To calculate Nico's realized total rate of return, we use the formula (Ending value - Beginning value + Dividends received) / Beginning value. Nico's realized total rate of return is (500*(20-24) + 500*2.5 + 500*4 + 500*3) / (500*24).
Explanation:To calculate Nico's realized total rate of return, we need to consider the dividends received and the capital gain from selling the stock. The formula for realized total rate of return is: (Ending value - Beginning value + Dividends received) / Beginning value. Using the information given, Nico's realized total rate of return would be: (500*(20-24) + 500*2.5 + 500*4 + 500*3) / (500*24).
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Senator dogood is pushing for the construction of a new military base in his state even though, from the standpoint of national security, it is clear that there are better places to locate the new military base. economic theory would suggest that senator dogood is
Timothy is the human resources manager for a local manufacturing facility. recently, the ceo of the manufacturing company decided to lay off 25% of the companyâs workers. timothyâs job is to determine which workers to lay off and to communicate the news to each one. which is the best form of communication for timothy to use in this situation?
The answer to this question is that Timothy can use a text message. A text message or texting is a form of communication where in a person sends a message to another person thru the use of a mobile phone. A text message is also known as short message service that is sent using a phone network.
Gus and derek persuaded trent to cut school and steal alcohol from a store. gus and derek were providing _____.
The united states has a greater number of pull factors than it has push factors, which is why it is the nation with the highest immigration rate.
Is it important to build completely realistic economic models?
Mandy's inc. is a well-known supplier of industrial goods. while selling goods, it provides personalized benefits to each customer. it focuses on developing trust over time instead of one-time sales. this is an example of _____.
_____ are internal stakeholders in a company.
Employees, managers, shareholders, and directors are internal stakeholders in a company.
Internal stakeholders in a company are individuals or groups who have a direct interest or involvement in the organization's operations, success, and outcomes.
1. Employees: They are directly involved in carrying out the day-to-day activities of the company and contribute to its productivity and performance.
2. Managers: These are individuals responsible for overseeing departments or functions within the company. They make decisions that affect operations, strategy, and employee performance.
3. Shareholders: These are individuals or entities that own shares or stocks in the company. They have a financial interest in the company's profitability and growth.
4. Directors: Also known as board members, directors are elected or appointed individuals who oversee the overall management of the company. They represent the shareholders' interests and make strategic decisions.
These stakeholders collectively influence and are influenced by the company's activities, policies, and strategic direction. Their roles and interests are critical in shaping the organization's success and governance.
What is the major decision facing kfc? 2. what factors are important in understanding this decision situation?
The major decision kfc is facing is that about the appeal. The decision is that whether to appeal to the healthy market or to the indulgent market.
And the factors which are important in understanding this decision situation are: the responsibility of fast food market, the need vs demand of the people, and the lasting impact.
The current use of fossil fuels versus the need to develop new renewable energy sources is an example of ________. how short-term needs are in opposition to long-term sustainability two different goals that are not in opposition governmental vision competing with economic practicalities two unrelated and independent but positive environmental goals an issue that will never be resolved
BPK Industries has a net income for the period of $2,500. The balance in the Owner’s Capital account for the beginning of the period is $5,000, and the owner has withdrawn $1,650 for personal expenses. The balance in the Owner’s Capital account at the end of the period will be
Answer:
5850
Explanation:
Assess how walmart is managing ethics and social responsibility as one of the largest corporations in the world.
Final answer:
Walmart, as a major global corporation, has a mixed record on managing ethics and social responsibility. It aims for environmental sustainability with a zero emissions goal by 2040 and has faced challenges regarding labor practices and gender discrimination, demonstrating the complexities of ethical business practices.
Explanation:
In assessing how Walmart is managing ethics and social responsibility, we see a complex picture of one of the world's largest corporations grappling with its impact on the economy, society, and environment. As a retailer of immense scale, Walmart has had significant effects on globalization, affecting workers and politics in developing nations while shaping cultural attitudes internationally. Questions of ethics and responsibility lead to broader issues, especially as firms grow in power and influence within the marketplace. Walmart has set ambitious goals, such as reducing global emissions to zero by 2040, powered by renewable energy, and employing electric vehicles. About 29% of its energy usage derived from renewable sources as of 2020, indicating a pathway to potential environmental sustainability and corporate adaptation.
On the subject of labor practices, Walmart's history has been mixed. Notably, in 2013, they were found guilty by the National Labor Relations Board of illegally penalizing and firing workers involved in labor protests, and they have settled disputes where discrimination based on sex was alleged. These examples highlight the difficulty of enforcing ethical business practices and the tension between profitability and social responsibility.
The company's pledge to become a regenerative company also points to a shift in how corporations envision their role in society, aiming not only to limit harm but to positively contribute to renewal and replenishment. This approach may challenge governmental actors to step up their actions on climate change, offering a case study in how adaptation can be economically advantageous.