CASE 9-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in chapter 9‚ how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120‚000 = 345 kegs per order Note the 2 in the denominator. That is because‚ on average‚ the rented warehouse space is only half full‚ which‚ makes the average warehousing cost per keg be $2. Question 2: Assume
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1.How should Marianne Barner respond to the invitation to have an IKEA representative appear on the German video program? The German video program that determined the child labor issue was happening in Rug Industry in India will significantly harm IKEA’s reputation as they were the direct suppliers to IKEA. Besides‚ to compare the action of the Swedish program‚ German video program aggressively aimed at a specific company: IKEA‚ which will only cause more serious issues. Convention 138‚ adopted
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How to conduct a case study Lopa Bhattacharya Purpose of a case study The purpose of a case study is to provide a more thorough analysis of a situation or "case" (often the story of an individual) which will reveal interesting information to the reader. Often they are used in social development to describe a person’s life. Case studies often accompany reports‚ to give ‘flesh’ to written reports. Know why you are conducting this interview. To what end will you ask questions? Ethical
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1. Is crowdsourcing‚ as used by AOL‚ a form of outsourcing? Why or why not? In a way yes because the work is ”outsourced” to workers outside the company itself. The tasks are not done by companies employees instead the tasks are put on Amazon’s Mechanical Turk and half a milion workers that are registered there could read about the tasks and decide if they wanted to perform them. Outsourcig means that the purchase of a god or service that was previously provided internally or that could be provided
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Unprofessional Police Officers and Corruption Within The Police Force In the Internet I have found an interesting web-site “Bad Cop‚ No Donut”. This is a “weekly wrap-up of North American police brutality‚ misconduct and corruption”. In other words there are plenty examples of unprofessional police officers. Here I found three situations to analyze. The first situation is described in the article “Woman dies after being struck by police officer during shootout”‚ In general it looks like a
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Introduction: This Research Paper will discuss the passage 1 Corinthians: 1-9. This passage discusses the idea of sex before and after marriage‚ the reasons why one should marry. Paul‚ the apostle who wrote the letter‚ also touches the topic of celibacy and how it is something that is only meant to for a few people. My belief is that many people were confused on if they could have multiple sex partners or if they were supposed to live a celibate life. Text: Now concerning the matters about which
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Code of Professional Conduct ETH/376 October 8‚ 2012 Code of Professional Conduct The AICPA Code of Professional Conduct can be considered the foundation of ethical reasoning in accounting. The code presents rules and principles to help accountants complete their jobs with integrity and ethical decisions. The code also protects the interest of a company and the interest of the public. Purpose The American
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Contract Law - Question 1 1. Discuss what is meant by ‘unconscionable conduct’. Explain how unconscionable conduct might affect the validity of a contract. In your answer‚ you should include a discussion of any relevant statute law and at least one relevant case. Unconscionable conduct is a broad concept in contract law that involves several doctrines and can be understood at different levels of breath. It is generally referred to as ‘conduct which is wholly unreasonable and is not guided or
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Case 9-4 Trueblood Case 09-4 Solution Case 9-4 How should NeedsSpace account for the two obligations noted as provisions in the lease agreement? ● Provision 1: “Lessor may require the lessee to perform general repairs and maintenance on the leased premises.” By entering the lease agreement‚ NeedsSpace (the lessee) becomes legally and contractually responsible for performing general repair and maintenance on the leased premises. Assuming that the lessee is required to make deposits to financially
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1. Arthur Young was criticized for not encouraging Lincoln to invoke the substance-over-form principle when accounting for its large real estate transactions. Briefly describe the substance over form concept and exactly what it requires. What responsibility‚ if any‚ do auditors have when a client violates this principle? Substance-over-form is an accounting principle used to ensure that financial statements give a complete‚ relevant‚ and accurate picture of transactions and events. If an entity
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