Lean Principles HD Hogg Motorcycle Company manufactures a variety of motorcycles. Hogg's purchasing policy requires that the purchasing agents place each quarter's purchasing requirements out for bid. This is because the Purchasing Department is evaluated solely by its ability to get the lowest purchase prices. The lowest cost bidder receives the order for the next quarter (90 days). To make its motorcycles, Hogg requires 4,500 frames per quarter. Hogg received two frame bids for the third quarter, as follows: Famous Frames, Inc.: $301 per frame. Delivery schedule: 50 frames per working day (90 days in the quarter). Iron Horse Frames Inc.: $300 per frame. Delivery schedule: 4,500 (50 frames x 90 days) frames at the beginning of July to last for three months. Hogg accepted Iron Horse Frames Inc.'s bid because it was the low-cost bid. Required: 1. All of the following are ways in which Hogg Motorcycle could develop long-term partnerships with its suppliers except: share research and development efforts. ignore internal costs caused by delivery delays while contracting on the best price point basis. share production schedules. establish electronic data interchange. establish supplier raw materials logistical support. b 2. All of the following statements are true regarding the hidden costs beyond the price of Iron Horse Frames, Inc.'s bid except: They are easy to determine, yet often overlooked. They ignores additional internal costs of the higher inventory imposed by Iron Horse Frames' delivery schedule. The hidden costs are incurred by other parts of the organization, not purchasing. The hidden costs include costs for additional space and handling. The hidden costs include costs of obsolescence and financing. a 3. Considering just inventory financing costs, what is the additional cost per frame of Iron Horse Frames Inc.'s bid if the annual cost of money is 12%? Round your answer to the nearest cent. $ per frame

Answers

Answer 1

Answer: Ppddjdhddhdhhddhfhdhfhdhdhshwhwhhe

Related Questions

Which of the following expressions is equal to 1?a. 5^0 x 6^-3 x 6^3 x 5^1 b. 5^2 x 6^-2 x 6^3 x 5^-3 c. 5^2 x 5^-2 x 6^0 x 6^2 d. 5^-1 x 6^5 x 6^-5 x 5
Two trains, Train A and Train B, simultaneously depart Station A and Station B. Station A and Station B are 252.5 miles apart from each other. Train A is moving at 124.7mph towards Station B, and Train B is moving at 253.5mph towards station A. If both trains departed at 10:00AM and it is now 10:08, how much longer until both trains pass each other?
How does writing an equation help you solve a problem.
The sum of y and two, all divided by five
Help..Anyone...Help...

10. Na'il Diggs deposited $6,500 into a savings account paying 6% annual interest,compounded monthly. How much compound interest did he earn in 3 months?

Answers

Answer:

$97.99

Step-by-step explanation:

3 months is "fraction" of a year

How much?

3/12 = 1/4th of a year

So, the interest earned in 3 months, is annual interest divided by 4.

We can use compound interest formula shown below to solve this easily:

$A=P(1+(r)/(n))^(nt)$

Where

A is the future amount

P is the present amount (principal)

r is the rate of interest annual

n is the number of compounding in a year

t is the time in years

So, let's find the given information:

P = 6500

r = 6% = 6/100 = 0.06

n = 12 [compounded monthly, so 12 times compounding]

t = 1/4 = 0.25 [3 months = 0.25 of a year]

Now, substituting, we find the value of 6500 after 3 months:

$A=P(1+(r)/(n))^(nt)\nA=6500(1+(0.06)/(12))^(12*0.25)\nA=6500(1.005)^(3)\nA=6597.99$

So 6500 became 6597.99 in 3 months. The excess amount is the interest earned.

Interest Earned = 6597.99 - 6500 = $97.99

Elliot and kay both bought the same lunch box for $6. Elliot lives in Oklahoma and pays 4.5% in sales tax, while Katy lives in South Carolina and pays 6% in sales tax. how much more did Katy pay in sales tax than Elliot a.$0.09
b.$0.27
c.$0.63
d.$0.36

Answers

Multiply the price by the amount of sales tax and then subtract the two:

Elliot:
4.5% = 0.045
6 * 0.045 = 0.27 sales tax

Katy:
6% = 0.06
6*0.06 = 0.36 sales tax

Difference = 0.36 - 0.27 = 0.09

The answer is A.

MEASUREMENT There are 52 weeks in 1 year. Choose the function which displays a rule relating the number of weeks to the number of years for 1, 2, 3, and n years. Then find Hana’s age in weeks if she is 11 years old.

Answers

Let y equal weeks and X equal the number of years in weeks:

52y=X

52 * 11= 572

Answer:

572

Step-by-step explanation:

We use n

52n

n=11

52x11=572

The front tent is 8 feet and 5 feet tall what is the part of the tent

Answers

well if u think about it 8*5= 40ft ²

Question 3Mr. Winking is purchasing a car and needs to finance $24,000 from the bank with an annual percentage rate (APR) of
4.8%. He is financing it over 5 years and making monthly payments. What is the monthly payment?
$104.54
$378.21
$450.71
$1225.56

Answers

Answer:

The monthly payment, PMT = $450.71

Therefore the correct option is C.) $450.71

Step-by-step explanation:

i) Value of Loan, or Present value, PV = 24000

ii) Annual percentage rate , APR = 0.048

iii) number of periods, n = 12

iv) periodic interest, R = APR / n = 0.048 / 12 = 0.004

v) number of years, t = 5

v) Monthly Payment, PMT = $(PV* R)/(1 - (1 + R)^((-1* n * t))) = (24000 * 0.004)/(1 - ( 1 + 0.004)^(-60))$ = $450.71

In the diagram below, DE and Ef are tangent to o. Which expression gives
the measure of DEF?

Answers

The expression which gives the measure of DEF, in the diagram where, DE and Ef are tangent to circle o is 1/2(236-124) degrees.

What is the theorem of two tangents from external point?

When the two tangent are drawn to a circle from an exterior point then according to this theorem-

The length of these two tangents is equal.

Both the tangents subtend equal angle at the center of the circle.
The angle between the two tangent is bisect by the line joining to the exterior point and the center.

In the diagram below, DE and EF are tangent to o. In the diagram half of the difference of the arc GF and DF is equal to the angle of the measure of DEF. Thus,

$\angle DE F=(1)/(2)(GF-DF)\n\angle DE F=(1)/(2)(236-124)$

Thus, the expression which gives the measure of DEF, in the diagram where, DE and Ef are tangent to circle o is 1/2(236-124) degrees.

Learn more about the theorem of two tangents from external point here;

brainly.com/question/8705027

Answer:

Step-by-step explanation:

∠DEF is a tangent- tangent angle and is measured as

∠DEF = $(1)/(2)$ ( arc GF - arc DF), that is

∠DEF = $(1)/(2)$ (236 - 124)° → A

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