is the percentage of the billed cost given by a vendor when a stipulated quantity is purchased. 1. Quantity Discount 2. Cash Discount 3. Vendor discount 4. List price discount
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is the percentage of the billed cost given by a vendor when a stipulated quantity is purchased.
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- In this method a price reduction is given to customers based on the quantity of their purchase. a. Trade b. Seasonal discount O c. Quantity discount d. Quality discountThe regular price is $569. The store is offering a 25% discount and a sales tax of 6% is added after the discount. What is the total cost of the TVThe management of two different-sized sachets of maize meal—5 kg and 3 kg—is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICE!" Propose which size of Sugar currently gives you the best value for money.what is the annual demand of Maize Meal = 750 units (bigger size), Delivered purchase cost = R35/units, Annual carrying cost percentage= 25 percent, Order cost = R50/order. The lead time is 10 working days. Assuming 20 working days per month. Determine the Economic Order QuantityDetermine the reorder pointDetermine the average inventorySuppose orders are placed only at review time. what is the optimal period and the optimal order quantity.
- Is the price of the whole wheat noodles premium, discounted, or on par with otherThe management of two different sized sachets of maize meal—5 kg and 3 kg—is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICE!" 2.1 Propose which size of Sugar currently gives you the best value for money.The management of two different sized sachets of maize meal—5 kg and 3 kg—is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICE!" Propose which size of maize meal currently gives you the best value for money.
- 21) The volume packs so typical of the products sold at Costco demonstrate multiple-unit pricing. A) True B) False 22) The geographic pricing arrangement of F.O.B. Destination sees the buyer paying for the costs of the freight. A) True B) False 23) A supplier pays a retailer a shelving allowance for the purpose of securing shelf space. A) True B) False 24) A manufacturer that keeps a record of customer volume and issues cheques at a later date to cover allowances earned over the term of the offer is allowing a discount on the basis of a bill-back. A) True B) False 25) "3/10, net 30" means that a customer whose payment is received 3 to 10 days after reception of the invoice will get a 30% discount. A) True B) False 26) The buying committee turned to the sales manager of a new line of cereals and stated that it would cost the company $50,000 to get the products listed and placed on their store shelves. The buying committee is asking for a slotting allowance.…Which of the following is NOT a type of inventory-related cost? Multiple Choice purchasing costs ordering costs setup costs cost of holding the productsA material manager adopts the policy to place an order for a minimum quantity of 500 of a particular item in order to avail a discount of 10 percent. It was found from the company records that for last year 8 orders were placed each of size 200 Nos, ordering cost is ksh 500 per order. Inventory carrying charges at 40 per cent cost unit is ksh 400. (a) Show whether the purchase manager is justified in his decision (b) What is the effect of this decision on the company
- At a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…Micro-Electronics Warehouse Headset and Webcam Sale Item Type Reg. Price After Savings Price BuddyChat 200 Headset $34.72 $24.40 BuddyChat 300 Headset $41.27 $34.91 BuddyCam HD Webcam $83.54 $61.46 You have decided to purchase the headset with the greatest markdown percent and the BuddyCam HD webcam in order to take advantage of an "Extra $15 Rebate" offer when you purchase both. What is the markdown percent on your total purchase including the rebate?Your widget factory requires GWium for polishing. GWium is expensive but worth it and a little goes a long way. Each widget requires 0.1 ounces of GWium to produce. Your supply contract enables you to buy 10,000 ounces of GWium per day for $30/ounce. This is a good deal; the market price is $40/ounce. Total cost of other materials and labor (excluding GWium) is $2.25/widget. You sell to a wholesaler, who buys all widgets you produce at a non-negotiable price of $6.25/widget. Which of the following are true. A. Selling the widgets is a much better course of action than selling the GWium B. Selling the GWium on the open market is a much better course of action than making the widgets O C. You could produce 100,000 widgets per day D. Both A and B E. Both B and C