The following details are provided by Blue Bell Merchandisers. The company uses the periodic inventory system
Net Sales $200,000
Purchases 93,000
Purchase Returns and Allowances 1,600
Purchase Discounts 1,400
Freight In 1,500
Beginning Merchandise Inventory 63,000
Ending Merchandise Inventory 37,000
Calculate the amount of net purchases.
A) $153,000
B) $88,500
C) $90,000
D) $107,000
C .Calculation of Net Purchases:
Purchases $93,000
Less: Purchase Returns and Allowances 1,600
Less: Purchase Discounts 1,400
Net Purchases $90,000
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In the assignment method, the decision maker seeks to assign each available resource to a specific task
a. True b. False
The tailored strategy "Focus on low-cost, decentralized capacity for predictable demand" follows which risk mitigation strategy?
A) Get redundant suppliers. B) Increase capacity. C) Increase responsiveness. D) Increase inventory.