Answer:
Warby Parker is a company specializing in eyewear that produces designer glasses at affordable prices. The company's management believes in the importance of grounding its operations in Corporate Social Responsibility.
Explanation:
Warby Parker is an eyewear manufacturer creating designer glasses that remain budget-friendly. The management asserts that its operations should be based on principles of Corporate Social Responsibility.
The price of coffee beans decreases while their quantity increases. The exceptionally favorable weather leads to a greater harvest of coffee beans, thus expanding the supply curve to the right. This results in a lower price for coffee beans, which consequently boosts the quantity sold. Additionally, a decrease in coffee bean prices results in an increased supply of coffee cups, which in turn reduces their price while elevating the quantity of coffee cups sold. Given that coffee cups and donuts are complementary products, the decreased coffee bean prices stimulate a rise in demand for donuts, elevating both the price and quantity of donuts sold.
Response: the VRIO framework
Clarification:
VRIO represents value, rarity, imitability, and organization. These four components are utilized to assess if a business possesses a competitive edge over other firms
It is important to highlight that the VRIO framework serves as an internal instrument for organizations.
Answer:
6.4 minutes
Explanation:
Daily average for small tools = 445
Working hours = 8, which translates to 8*60 = (480 minutes)
Waiting time =
![\frac{[445*(\sqrt{1} )]}{[2*[480-(445*1)]]}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B445%2A%28%5Csqrt%7B1%7D%20%29%5D%7D%7B%5B2%2A%5B480-%28445%2A1%29%5D%5D%7D)
(image of the operation in the attached file)
= [445]/[(2*35)]
= 445/70
= 6.357 minutes
Tamarisk should report an inventory amount of $252,000 as of December 31. To arrive at this figure, consider the following calculation: Inventory = Stock on hand + goods acquired from Sheffield Corp + goods sold to Wildhorse Co. This gives us the calculation: $190,000 + $29,000 + $33,000 = $252,000. All relevant amounts were taken into account, including considerations for FOB destination and FOB shipping point, which contribute to the physical inventory count.
