As a student of Operations Management explain to the management of Mukwano Industries Limited (a local manufacturer of household use products) the advantages of holding inventories
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As a student of Operations Management explain to the management of Mukwano Industries Limited (a local manufacturer of household use products) the advantages of holding inventories
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- Harish is the founder of the business. The main business is supplying the construction building materials. He registered his company Harish Enterprise under sole proprietorship. His company recently was awarded by the state government RM1million to supply building materials for aquaculture government projects in Klang, Selangor. However, his company do not have adequate capital and one of his suppliers suggested to him to seek financing from the financial institutions. However, he did not know how to write a business plan. Hence, he seeks your advice to prepare a business. Based on the above scenario, answer the following questions: a) What is an “Executive summary”? Why the executive summary is often called themost important part of a business plan. b) Explain the importance of business plan to: i. A company’s employeesii. Investor and other external stakeholders. c) Explain briefly two (2) characteristics of a good business plan. d) Explain two functions of financial plan in the…Alpha Ltd and Beta Ltd are both wholesalers serving broadly the same market, but they seem totake a different approach to it according to the following information. Ratio Alpha Ltd Beta Ltd Return on capital employed (ROCE) 20% 9% Return on ordinary shareholders’ funds (ROSF) 30% 28% The average settlement period for trade receivables 63 days 21 days The average settlement period for trade payables 50 days 45 days Gross profit margin 40% 15% Operating profit margin 10% 10% The average inventory turnover period 52 days 25 days Required:Describe what this information indicates about the differences in approach between the twobusinesses. If…Intangible capital assets are included in which CCA class(es) for income tax purposes? O A. Classes 14 and 14.1 B. Classes 10 and 10.1 OC. Class 13 OD. Classes 8 and 10
- 222 Chapter 8 8.20 Chem-Tex Chemical is considering two additives for improving the dry-weather stability of its low- cost acrylic paint. Additive A has a first cost of $110,000 and an annual operating cost of $60,000. Additive B has a first cost of $175,000 and an an- nual operating cost of $35,000. If the company uses a 3-year recovery period for paint products and a MARR of 20% per year, which process economically favored? Use an incremental ROR analysis. isKomatsu, Ltd.Komatsu Ltd was one of Japan's largest heavy industrial manufacturers. Komatsu was a large international firm with revenues of ¥989 billion. The company was organized on three major lines of business: Construction equipment, industrial machinery, and electronic-applied products. Construction EquipmentKomatsu was the world's 2nd-largest manufacturer of a complete line of construction equipment. The firm's product line contained over 300 models, including bulldozers, hydraulic excavators, wheel loaders, and dump trucks. With a more than 30% share of the domestic excavator market, Komatsu was the largest player in the Japanese market.The Product Development Process and Design for Manufacturability Cost StudiesThe product development process at Komatsu lasted 2 years on average.The Product Planning StageThe product planning process, which was last updated in 1981, began with the preparation of a long-range development plan.The Design StageThe objective of the design stage of…Suppose you have a newly booming culinary business based in the heart of Johannesburg. As a result, you want to make use of Mr. Delivery’s services to deliver your home‐cooked meals to the surrounding areas. Use the below guidelines for purchasing services and explain how you would use these guidelines to assist you in your use of Mr. Delivery’s services. 1. Have policy on compliance 2. Have a clearly defined scope of work 3. Establishe a suitable organisational stru
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- 3) iuenuly anu explain tINE CommIon CompOJiuonJ UI Hunting tupitun 4) Identify and explain the techniques and methods to manage inventories. 5) Identify and explain the techniques and methods to manage receivables.Internal control weaknesses in the revenue cycle of DURAPLAST COMPANY LTD51. International Products, a Burlington, New Jersey, firm that sells industrial cleansers and lubricants wanted to sell its product to factories, hospitals and labs in China, but it did not have the necessary expertise. As a result, International Products hired Asia Marketing & Management to sell, stock and deliver a full assortment of products to the Chinese market. Asia Marketing & Management is an example of a(n) __________. a) agent b) wholesaler c) disintermediary d) retailer e) industrial distributor 52. Industrial distributors perform functions that are most like which intermediary in the consumer goods marketing channel? a) Manufacturers b) Retailers c) Agents d) Wholesalers e) Brokers 53. .machinetools.com/”>MachineTools.com sells grinders, boring mills and engine lathes. The website has listed goods from over 700 machinery manufacturers, 2,500 distributors of new equipment and 650 dealers of used inventory for sale at the website.…