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tatiyna
2 years ago
9

Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 395 units.

Ordering cost is ​$38​; holding cost is ​$5 per unit per year. ​a) To minimize the total​ cost, how many units should be ordered each time an order is​ placed? EOQ​ = nothing units ​(round your response to the nearest whole​ number).
Business
1 answer:
Sergeu [11.5K]2 years ago
8 0

Answer:

77.48 units

Explanation:

Data provided in the questions

Annual demand = 395 units

Ordering cost = $38

Holding cost per unit per year = $5

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{395}\times \text{\$38}}{\text{\$5}}}

= 77.48 units

hence, the economic order quantity is 77.48 units

We simply applied the above formula so that approximate units could come. And it always expressed in units

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B. from an institutional-based view, what are domestic-incumbents in china – in collaboration with global heavyweights- interest
aliina [53]

Answer:

Explanation:

The problem is that BoP automakers are being kept side by institution-based barriers in China. automakers that are in foriegn countries never worry about preferential treatment of the BoP automakers. The Lessons learnt from indigenous reverse innovation are use of all available resources , use of minimal energy such as fuels Have the indigenous cars for the rural areas continuous recycling of the old vehicles .

5 0
2 years ago
Read the following scenario and answer the question in 5 sentences at least.
tamaranim1 [39]

Answer and Explanation:

1. Business implication: if there are no trade barriers, it would enable them get better raw materials for their business and increase customer base

Legal anti trust implication: lobbying is illegal in some countries

2. Business implication: this would attract more manufacturers who were not previously members of the association which would in turn promote the goals of the association in improving trade amongst the manufacturers

Legal anti trust implication: associatio may be exposed to legal examination, example increased regulations

3 business implications:sales territories would invariably create a safe and secure investment for manufacturers such that there is less cost of marketing and campaigning as consumers are guaranteed

Legal implications: this is against anti trust laws and goes against free trade policies and illegal monopoly

4 business implications: boycotting this supplier could create an alternative source of raw materials which wouldn't be as efficient and even cost more

Legal implications: boycotting a large supplier such as this who might have a political backing might bring political retaliations from the supplier's political proxies who might create other regulations in the supplier's favour

6 0
2 years ago
Winn Co. sells subscriptions to a specialized directory that is published semiannually and shipped to subscribers on April 15 an
sergeinik [125]

Answer:

O $ 900,000

Explanation:

When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are

Debit Cash account and Credit Unearned fees or deferred revenue.

As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.

Given that

  • the specialized directory that is published semiannually and shipped to subscribers on April 15 and October 15 and
  • Subscriptions received after the March 31 and September 30 cutoff dates are held for the next publication and
  • Cash from subscribers is received evenly during the year and is credited to deferred subscription revenue

The amount to be deferred is the sum of the amounts collected after September 30 (from October to December year 2

= 3/12 * $3,600,000

= $900,000

4 0
2 years ago
What do firms stand to gain by increasing their market power
Ivahew [28]

Answer:

Increase in profit.

8 0
2 years ago
Read 2 more answers
Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio
Tomtit [17]

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

4 0
2 years ago
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