Why is it important for a firm to periodically review its
logistics
network design? How do a firm’s requirements for its
logistics
network change over time?
Textbook: Designing and Managing the Supp
Answers
Periodic review is important for adapting to market changes and optimizing efficiency. A firm's logistics requirements change over time due to growth, market shifts, technology advancements, etc.
1. It is important for a firm to periodically review its logistics network design because market conditions, customer demands, and technology evolve over time. By conducting regular reviews, a firm can identify areas for improvement, optimize efficiency, and adapt to changing business environments. This helps ensure that the logistics network is aligned with the company's strategic goals and can effectively support its operations.
2. A firm's requirements for its logistics network can change over time due to various factors. As the business grows, expands into new markets, or introduces new products, there may be a need for additional distribution centers, warehouses, or transportation routes. Changes in customer preferences or market trends may require modifications to delivery speed, service levels, or supply chain flexibility. Technological advancements can also impact logistics requirements, such as the integration of e-commerce platforms or the adoption of automation and data analytics. Therefore, a firm's logistics network needs to be flexible and adaptable to accommodate these changing requirements and ensure efficient and effective operations.
Learn more about Periodic review here:
brainly.com/question/32747966
#SPJ11
Related Questions
If the level of aggregate expenditure was $21.4 trillion in 2019, the level of aggregate income in the economy during 2013 was ___________.
A.
also $21.4 trillion because of the identity between aggregate expenditure and income.
B.
less than $21.4 trillion because the United States imports more than it exports.
C.
less than $21.4 trillion because taxes will reduce income below aggregate expenditure.
D.
more than $21.4 trillion because transfers (entitlements) allow income to exceed aggregate expenditure.
Answers
A. also $21.4 trillion because of the identity between aggregate expenditure and income.
The level of aggregate expenditure and income are equal in an economy due to the identity between them. In national income accounting, aggregate expenditure (total spending) is equal to aggregate income (total income earned). Therefore, if the level of aggregate expenditure in 2019 was $21.4 trillion, the level of aggregate income in the economy during 2013 would also be $21.4 trillion according to this identity.
Learn more about expenditure here;
https://brainly.com/question/30063968
#SPJ11
Which of the following is best thought of as a type of learned optimism in successful entrepreneurs?
A.
Apathy
B.
Professionalization
C.
Perseverance
D.
Cognition
Answers
Perseverance is best thought of as a type of learned optimism in successful entrepreneurs. According to Martin Seligman, one of the fathers of positive psychology, optimistic people possess certain attributes that enable them to overcome difficult obstacles in their lives.
Learned optimism is the idea that people can learn to be optimistic by changing their thinking patterns and behaviours.
In successful entrepreneurs, perseverance is the most important quality. Perseverance refers to the ability to keep going despite setbacks, challenges, and obstacles. It is the quality that allows entrepreneurs to succeed even when they face difficult situations.
Entrepreneurs who are perseverant tend to be optimistic because they believe that they can overcome any obstacle they face. They learn from their failures and use that knowledge to improve their businesses. Thus, perseverance is best thought of as a type of learned optimism in successful entrepreneurs.
In conclusion, perseverance is an essential trait that allows entrepreneurs to succeed in the face of obstacles, and it is also an indicator of optimism.
Therefore, option C, Perseverance, is the correct answer to the given question.
To know more about attributes visit :
https://brainly.com/question/32473118
#SPJ11
HURRYY
Borrowing money to pursue an advanced degree makes sense if
a. You can earn a scholarship to pay for your educational costs
b. Your future earnings potential outweighs the debt you may accrue
C. You already have the financing to pay out of pocket
d. Your employer is willing to pay for your tuition
Answers
Answer:
b. Your future earnings potential outweighs the debt you may accrue
Explanation:
Consider taking the loan to finance the advanced degree as an investment project. The project can is beneficial to the owner if the projected future income outweighs the cost of investments. A project makes sense if it generates profits.
Borrowing money to pay for the advanced degree will make sense if potential future earnings exceed the debts incurred.
Answer:
b
Explanation:
the company uses the absorption costing approach to cost-plus pricing described in the text. based on these data, the total selling and administrative expenses each year are
Answers
Based on these data, the total selling and administrative expenses each year are the cost base is the absorption costing unit product cost rather than variable costing.
What are expenses ?Common expenses are the cost of goods sold, rental costs, labor costs, and utility costs. Although cost and expense are similar concepts and are sometimes used interchangeably, there are some differences that businesses need to consider. Costs usually refer to the price paid to acquire an asset, whereas expenses are ongoing expenses.For example, employee salaries and retail space rents.A cost is defined as an outflow of money or property to another person or entity in payment for an item or service.Expenses are costs incurred by a company and paid to suppliers or paid for products or services from other sources.Living expenses are expenses necessary to maintain daily life and health. They cover major categories of housing, food, clothing, healthcare and transportation. Understanding what is involved in each of these areas will help you budget.To learn more about expenses from the given link :
https://brainly.com/question/28448285
#SPJ4
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
To know more about social responsibility, click here.
https://brainly.com/question/24176816
#SPJ1
True or false: two-bin systems are frequently used to manage inventory of low-value but necessary items and high-volume parts.
Answers
The answer is true. When goods or materials used in production need to be renewed, a system called two-bin inventory control is utilized. When the initial bin's contents are finished, a refill or replacement order is placed. The second bin should then be stocked with enough goods to endure until the first bin's order comes in.
The two-bin method uses two bins, materials either physically or on paper, and is also referred to as the min-max system. The first bin is meant to meet immediate demand, and the second bin is meant to meet demand while the replenishing is taking place.
To learn more about two-bin, click here.
https://brainly.com/question/17365814
#SPJ4
Can Some people give me brainliest I'll give ya'll all my points when I see it
Answers
Answer:
Explanation: why u delete all your questions that u answered for me?
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
Answers
Answer:
Positive aspects of diversity is that no one is the same. Everyone is their own person. There is no negative to diversity. It is the people themselves who think negativly of diversity often by discrimination.
Explanation:
i hope this helped and was on point and I'm sorry if it wasn't. I just stumbled on your question...
Answer:
stereotyping
Explanation:
You want to perform a search for the cheapest tamales in your zip code, 92626. Which search term, including punctuation, is likely to get you the best result?
A. "cheap tamale" AND 92626
B. "cheap: tamale AND 92626"
C. "cheap tamale 92626"
D. cheap tamale: 92626
Answers
The search term that is likely to yield the best result for finding the cheapest tamales in the zip code 92626 is option C: "cheap tamale 92626."
Option C is the most appropriate search term because it combines the relevant keywords without any unnecessary punctuation or syntax. The term "cheap tamale" specifies the desired item, while "92626" pinpoints the specific zip code area.
By using a simple combination of keywords, the search engine will be able to understand the user's intent clearly and provide the most relevant results for finding affordable tamales in the specified zip code. The other options contain punctuation or syntax that may confuse the search engine and potentially yield less accurate or relevant results.
To learn more about zip-code click here -
brainly.com/question/29509212
#SPJ11
which word best describes the writing process in business writing ?
Answers
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
A company produces 10 items, charges $45 per item. When it produces 20 items, it charges $40 per item. Cost to produce 10 items is $450, cost to produce 20 items is $650. What is the price, cost, revenue, profit functions. What is the break-even points, max profit and items to produce to get max profit.
Answers
Answer:
a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
b. Break-even point = Total Revenue = Total Cost
= $450 = $450
break-even point in units = 10 items
c. Maximum profit = $150
Items to produce to get max profit = 20 items
Explanation:
a) Data and Calculations:
Sales Revenue for 10 items = $450 ($45 * 10)
Cost of sales for 10 items = $450
Sales Revenue for 20 items = $800 ($40 * 20)
Cost of sales for 20 items = $650
The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
For 10 items, function yields = {($45 * 10) - $450} = 0
For 20 items, function yields = {($40 * 20) - $650} = $150
Shareholders preference for dividend versus capital gains can potentially influence a firm's payout policy. i. Explain what is meant by the term dividend policy and discuss the two main issues that can affect such policy. ii. Discuss the key reasons why some investors prefer dividend. iii. Discuss the key reasons why some investors prefer capital gains
Answers
i. Dividend policy refers to the decisions made by a company regarding the amount and timing of dividend payments to its shareholders.
It is a crucial aspect of a firm's payout policy and involves determining whether profits should be distributed to shareholders in the form of dividends or retained within the company for reinvestment. Two main issues that can affect dividend policy are:
1. Stability: Companies need to decide whether to maintain a stable dividend policy, where dividend payments remain relatively constant over time, or adopt a variable policy, adjusting dividends based on earnings and cash flow fluctuations.
ii. Some investors prefer dividends for the following key reasons:
1. Income: Dividends provide a regular income stream for investors, especially those who rely on investment income to cover their living expenses.
iii. Some investors prefer capital gains for the following key reasons:
1. Growth potential: Investors seeking capital gains prioritize the potential for the stock price to increase over time. They believe that by investing in companies with growth prospects, they can achieve higher returns through price appreciation when they eventually sell their shares.
Learn more about Income here:
https://brainly.com/question/14732695
#SPJ11
What do behaviorist and cognitivist theories have in common?
a. Praise is an important aspect of learning in both of them.
b. They both rely on a simple stimulus-response system.
c. Repetition is an important aspect of learning in both of them.
d. They both accept that the mind has a conscious role in learning.
Answers
What is the purpose of international trade and how does it help the countries involved in it?
Answers
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
To force the value of the British pound to depreciate against the dollar, the Federal Reserve should: Group of answer choices sell dollars for pounds in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell dollars for pounds in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market.
Answers
Answer:
sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
A foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into Pounds (British) at the foreign exchange market.
Hence, to force the value of the British pound to depreciate against the dollar, the Federal Reserve should sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Which industries employ the largest number of people in the United States?
Answers
The education and health services industry employed the largest number of people in the United States.
The education and health sectors are important pillars of the US economy. The health sector was instrumental in the post-2008 economic recovery. Employment growth here is about seven times that of the overall economy.The growth is driven by an aging population and increase in lifestyle diseases.
The emergence of online education has also added significantly to the growth in jobs in the education industry. In 2021, these industries employed about 35 million people. These sectors also receive the highest public investment. But there are significant problems here. This includes the continuing gender pay gap.
To learn more about the education and health services industry : brainly.com/question/24219749
#SPJ4
Cash payments a business makes to stockholders are called
.
Answers
Answer:
Cash dividends are often paid on a regular basis, such as monthly or quarterly, but are sometimes one-time-only payouts, such as after a settlement. Most brokers offer a choice to accept or reinvest cash dividends. Dividend-paying companies are typically established, with stable cash flow, and beyond the growth stage.
Explanation:
give me a brainliest
Melanie graduated from the college of business at the university of Arizona. What Typer of higher education institution did she attend?
Answers
Answer:
A university
Explanation: done deal
Answer:
B.
A university
Explanation:
Melanie graduated from the College of Business at the University of Arizona. What type of higher education institution did she attend?
please help me
Part 1: Educational Costs
1. What is your top career choice?
2. Using the Occupational Outlook Handbook, what are the educational requirements for
that career? Include information about the type of degree or certification needed (if
applicable)
3. After reading the lesson, conducting your own research, and talking with family, how do
you plan to finance your future education?
4. What is the estimated cost of training or future education to achieve your career goal?
To determine this cost, research institutions you could attend and their associated costs
by visiting the College Navigator link.
5. Why is it important to think about these financial costs now?
Answers
Answer:
This is supposed to be based on your own opinion
Explanation:
which of the following contracts must be in writing?carson agreed to work for huge corp as a senior manager in consideration of $40,000 a month, it was 12-month contract.constantin sold an acre of land to jalen, the contract was a handshake deal where they agreed orally to transfer the land in consideration of $20,000.monica agreed to do legal consulting work for asher in consideration of $501.all of the contracts must be in writing.
Answers
The contracts that must be in writing is Monica agreed to do legal consulting work for Asher in consideration of $501 (option c)
Out of the options given, the contract that must be in writing is the one between Carson and Huge Corp. This is because it involves employment for a period of one year with a salary of $40,000 per month.
On the other hand, the contract between Monica and Asher, although for a smaller amount, can be executed within a year, and hence, doesn't need to be in writing to be legally binding.
In summary, it's important to understand the legal requirements for contracts to ensure that they are enforceable. Contracts that fall under the statute of frauds must be in writing to be legally binding, whereas those that don't can be oral or written.
Hence the correct option is (c).
To know more about contract here
https://brainly.com/question/2669219
#SPJ4
what's the time now?
Answers
Answer:
13:20 UK timeeeeeeeeee
Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes. inelastic when the supply changes.
Answers
Answer:
B: Inelastic when the price changes.
Explanation:
Goods that are essential in daily life have lower elasticity needs like gas, water, oil and electricity.
Elastic demands are the requirements when the large price shift affects the demand of the product. While in inelastic the price change affects in a very small manner to the demand.
The correct answer is:
Option B: Inelastic when the price changes.
This can be explained as:
In an economy, when the goods and commodities are in static relation then it is called inelastic.The increase in the price of the product does not affect the customers purchasing habits in an inelastic system.Therefore, goods that are considered to be requirements tend to be inelastic when the cost varies.
To learn more about goods, elasticity and inelasticity follow the link:
https://brainly.com/question/25484804
Which are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answers
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
Receiving an email that says you have changed your bank account password when you have not is:
A. likely a warning sign of fraud, but the email should be opened to be certain.
B. not likely a warning sign of fraud, but the email should be deleted regardless.
C. not likely a warning sign of fraud, and the email should be opened.
D. likely a warning sign of fraud, and you should contact your bank.
Answers
Answer:
D. likely a warning sign of fraud, and you should contact your bank.
Explanation:
If you have not changed your bank account's password, and you are the only one you know with access to the account, you should suspect either that your account has been compromised or that you are being scammed. Call the official number of your bank to find out (not the one on the email.)
Answer:
. likely a warning sign of fraud, and you should contact your bank.
Explanation:
Which of the following statements is TRUE? A. The longer you use credit responsibly, the higher your credit score will be. B. People with low credit scores are usually low-risk borrowers. C. Paying off your entire credit card balance can lower your credit score. D. Applying for several credit cards in one year can increase your credit score.
Answers
Answer:
Aaaaaaaaaaa
it's the answer for this question because
Option A is true.
Does your credit score go up the more you use it?The financial world calls this credit utilization. Every step over that 30% utilization mark has a negative impact on your score. That is true even if you make your required payments each month.
What happens to your credit score if you use a high of your credit limit?You might even see your credit score drop due to the increased balance on your card. If you make too many over-limit charges, your credit card issuer could close your credit account. Here are the most common consequences associated with spending over your credit limit: Your credit card could be declined.
Learn more about credit scores here https://brainly.com/question/23024185
#SPJ2
PLEASE HELP MEE 50 Pts
Question: What are the local, state, and federal taxes for a healthcare business?
Answers
Answer:
Is health care federal state or local?
The U.S. Department of Health and Human Services is the federal government's principal agency involved with health care services. The states cofund and administer their CHIP and Medicaid programs according to federal regulations. (goo gle)
Explanation:
hope this helps
Exercise 5-3 Recording journal entries for merchandise purchase transactions-perpetual LO3 Jaleh Mehr is the owner of the retail store 151 Jeans. She purchases jeans from a number of manufacturers to bring great style and fit to her customers. Prepare journal entries for March 2020 to record the following transactions. Assume a perpetual inventory system. Mar. 2 Purchased jeans from Paige Denim under the following terms: $4,200 invoice price, 2/15, n/68, FOB shipping point. 3 Paid $350 for shipping charges on the purchase of March 2. 4 Returned to Paige Denim unacceptable merchandise that had an invoice price of $400. 17 Sent a cheque to Paige Denim for the March 2 purchase, net of the returned merchandise and applicable discount. 18 Purchased jeans from ) Brand under the following terms: $9,600 invoice price, 2/10, n/30, FOB destination. 21 After brief negotiations, received from Brand a $2,100 allowance on the purchase of March 18 28 Sent a cheque to J Brand paying for the March 18 purchase, net of the discount and the allowance
Answers
In March 2020, journal entries transaction are made for purchases, returns, shipping charges, and allowances, while payments are recorded separately.
Mar. 2: Purchased jeans from Paige Denim for $4,200 (FOB shipping point). No journal entry required at this point.
Mar. 3: Paid $350 for shipping charges on the March 2 purchase. Journal entry: Debit "Inventory" for $350 and Credit "Cash" for $350.
Mar. 4: Returned unacceptable merchandise to Paige Denim, worth $400. Journal entry: Debit "Accounts Payable" for $400 and Credit "Inventory" for $400.
Mar. 17: Sent a cheque to Paige Denim, net of returned merchandise and applicable discount. No journal entry required at this point.
Mar. 18: Purchased jeans from J Brand for $9,600 (FOB destination). No journal entry required at this point.
Mar. 21: Received a $2,100 allowance from J Brand for the March 18 purchase. Journal entry: Debit "Accounts Payable" for $2,100 and Credit "Inventory" for $2,100.
Mar. 28: Sent a cheque to J Brand, net of discount and allowance. No journal entry required at this point.
Learn more about Transaction click here :brainly.com/question/24730931
#SPJ11
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
Learn more about on supplier, here:
https://brainly.com/question/27375800
#SPJ2
am I correct? if not lmk the answer please
