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Ann [662]
1 year ago
11

Which of these is NOT an assumption that is made with regard to the basic EOQ inventory model? A. Annual demand requirements are

known B. Variation in both demand and lead time exists, and is known C. No quantity discounts are involved D. Each order is received as a single delivery
Business
1 answer:
asambeis [7]1 year ago
6 0

Answer:

The correct answer is letter "B": Variation in both demand and lead time exists, and is known.

Explanation:

The Economic Order Quantity (EOQ) is a method to keep track of inventory based on several assumptions. According to the EOQ <em>demand is known, constant and independent; lead time is known and constant</em>; inventory receipts are immediate and complete; discounts on amounts are not feasible; and, stock-outs can be avoided absolutely.

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Lakeview Apartments is an 800​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $ 22
Harman [31]

Answer:

$204,080

Explanation:

The computation of operating cost is shown below:-

operating cost if occupy 55%

Cost on (800 × 90%)

= 720 units is $220,040

Cost on (800 × 80%)

= 640 Units is $215,480

Variable cost per unit = Changes in total cost ÷ High activity-Low activity

= ($220,040 - $$215,480) ÷ (720 - 640)

= 4,560 ÷ 80

= 57 per unit

Fixed cost = Total cost - Variable cost

= $220,040 - (720 × 57)

= $179,000

Cost equation:

Total cost = Fixed cost + Variable cost per unit

Y = $179,000 + 57X

Y = $1790,00 + (57 × 440)

Y = $204,080

3 0
1 year ago
The value and cost of goods are easiest to determine when the goods are
Ludmilka [50]
The value and cost of goods are easiest to determine when the goods are private goods.

And the best answer is D.

It will help you.
3 0
1 year ago
According to Laudon and Laudon, which of the following is the most complete technical definition of an "organization"? Group of
dangina [55]

Answer:

Stable, formal social structure that takes resources from the environment and processes them to produce outputs

Explanation:

The technical definition of an "organization", according to Laudon and Laudon, focused on three elements of an organization which are stable, formal and social structures.

In terms of longevity and routineness, an organization is more stable than an informal group. Organizations are formal legal entities with internal rules and procedures that must abide by laws. Organizations are also social structures because they are a collection of social elements.

7 0
1 year ago
At Haptic Manufacturing, all employees are required to take safety training every six months. The top executives understand the
AveGali [126]

Answer:

They Developed on-the job training and learning. They used the plant to train their employees at the same time the plant is fully operational and employees are training too.

Explanation:

8 0
2 years ago
Read 2 more answers
Caars Inc. issued a 120-day note in the amount of $360,000 on November 1, 2016 with an annual rate of 6%. What amount of interes
Arte-miy333 [17]

Answer:

The amount of interest accrued as of December 31, 2016 is $10,980.

Explanation:

On December 31, two months interest is accrued and this is equivalent to 61 days (30 days for November and 31 days for December).

Calculation of Interest accrued is as follows ;

Interest accrued =  $360,000 × 6% × 61/120

                           =   $10,980

3 0
2 years ago
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