Bolden foods holds a lemon juice product in one of its warehouses. the company holds so much inventory of this product that it would not run out of the product for as long as four years. The service level of the product was set in excess of 99 percent. Although this was one of the company's high volume products, the question was whether the stock level needed to be set to high.

The general feeling in the company was that a 0.1 percent change in sales would occur for each 1 percent change in service level. The warehouse replenished retail stores on the weekly basis so that the customer service level could be defined as the probability of being in stock during the warehouse replenishment lead-time. The trading margin (markup) was $ .55 per case with annual sales through the warehouse of 69.904 cases. The standard cost per case was $5.38 and the annual inventory carrying cost was estimates at 25 percent. The replenishment lead time was one week, with average weekly sales of 1,152 cases and standard deviation of 300 cases.

What is the optimum service level in this situation?

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

Rats that received electric shocks were unlikely to develop ulcers if the

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled: