Bragg johnson, materials manager at johnson & sons, has determined that a certain product experienced 3.8 turns last year, with an annual sales volume (at cost) of $975,000. what was the average inventory value for this product last year? what would be the average inventory level if inventory turns could be increased to 6.0?

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.