Figure 16.40 illustrates the BOM for product A. The MPS start row in the master production schedule for product A calls for 50 units in week 2, 65 units in week 5, and 80 units in week 8. Item C is produced to make A and to meet the forecasted demand for replacement parts. Past replacement part demand has been 20 units per week (add 20 units to C’s gross requirements). The lead times for items F and C are 1 week, and for the other items the lead time is 2 weeks. No safety stock is required for items B, C, D, E, and F. The L4L lot-sizing rule is used for items B and F; the POQ lot-sizing rule (P = 3) is used for C. Item E has an FOQ of 600 units, and D has an FOQ of 250 units. On-hand inventories are 50 units of B, 50 units of C, 120 units of D, 70 units of E, and 250 units of F. Item B has a scheduled receipt of 50 units in week 2. Develop a material requirements plan for the next 8 weeks for items B, C, D, E, and F.

Week 1 Discussion 1

The Role of Financial Management in a Firm

Examine the role of management as it relates to finance in a corporation. 

In your post, discuss the role of management by addressing the following prompts:

Explain the various aspects of finance that management must understand.

 

 

Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency.

 

Interpret the function of the Financial Balance Sheet in assisting in management’s decision making process.

 

Discuss what could happen if management does not fulfill responsibilities related to finance.  Share a real world example from your own professional experience or from an external source.

Your post should be 200-250 words in length.

 

Week 1 Discussion 2

Short Term View or Long Term View?

 

 

After reading the first two chapters of your textbook, evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to overemphasis on short-term profits at the expense of long-term profits.

In your post, explain what is meant by this statement.

Describe how management might decide whether to focus on short term or long term goals and how that decision impacts the organization.

Next, using the financial balance sheet as displayed in the text, compute an example of how focusing on short term profits can be detrimental to long term profits.

Share your opinion regarding whether you feel it’s a better option to focus on short term or long term goals.

Use evidence from the text or external sources to support your position. Your post should be 200-250 words in length.

 

Required Text

Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial Finance. 

 

Deshawn has five base-ten blocks. She models a number that is less than 999. The number she models has a zero in tens place and a zero in the ones place. What number is she modeling?

How many liters of carbon dioxide are produced if 75 liters of carbon monoxide are burned in oxygen? How many liters of oxygen are necessary?