Dis 240 Study guides, Class notes & Summaries

There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...

Cash Flow : Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price : The retail price listed selling price : list price - trade discounts Net price : = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) : = Cost of Merchandise + Freight from Manufacturer Trade Discounts 2 | P a g e : specify term of sale and change of price with how they see fit. Cash Discounts : given to encourage buye...

Cash Flow - Answer-Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price - Answer-The retail price listed selling price - Answer-list price - trade discounts Net price - Answer-= selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) - Answer-= Cost of Merchandise + Freight from Manufacturer Trade Discounts - Answer-specify term of sale and change of price with how they see fit. Cash Discounts - Ans...

IDIS 240 Final Exam Review Questions with Correct Answers

OEM - Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO - Maintenance Repair Operation - people who fix something with a problem Contractor - Person who provides supplies or service under contract Breaking bulk - Shipping something in individual components 3PL - 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID - Radio Frequency Identific...

IDIS 240 FINAL EXAM 2024/ACTUAL EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS/LATEST UPDATE

MRO - maintenance, repair, and operations Selling price = - List Price - Trade Discounts Net Price = - selling price - allowable discounts (cash discounts) net sale - Actual money received after discounts and adjustments Cost of Goods Sold (COGS) = - Cost of Merchandise + Freight of Manufacturer FOB Shipping Point - Distributor/ Buyer pays for shipping and owns the product in transit Trade Discounts - Specified in term of sale. Offered by manufacturer due to fluctuations in mar...

List Price : Nationally Advertised Price Selling Price : List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price : Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) : Cost of Merchandise + Freight charges from Manufacturer Freight Cost 2 | P a g e : The cost of moving an item from where it was manufactured to either the distributor or the customer's location Free On Board (FOB) : - Comm...

OEM stands for : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution : exclusive MRO stands for : maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? : intensive Bundling Products & Services? : assortment How long customer is willing to wait? : wait time 2 | P a g e When the customer ...

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