Use Tables 12-1 and 12-2 from Your Text to Answer

question 20

Short Answer

Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Craig Consulting needs to accumulate $38,000 in 4 years to meet future needs. What sinking fund payment would they need to make at the END of each three months, at 6% interest compounded quarterly? (Use the appropriate formula)

Determine cost-minimization strategies in MRP through lot-sizing methods.

Estimate the completion feasibility of orders based on lead time and available inventory.

Understand different types of faulty thinking and biases.

Recognize the importance of considering alternative explanations and critical thinking.