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madreJ [45]
2 years ago
7

A manufacturing company uses 1000 non-returnable special pins a month, which it purchases at a cost of $2 each. The manager has

assigned an annual holding cost of 20 percent of the purchase price per pin. Ordering cost is $40 per order. Currently the manager orders 500 pins at a time. How much could the firm save annually in ordering and holding costs by using the EOQ? (Round the final answer to 2 decimal places.)
Business
1 answer:
olganol [36]2 years ago
7 0
What’s a EQR? And what grade are you in cuz like idk what that is ;w ; sorry
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Answer:

He should focus on customer needs.He should spend his time in the office working rather worrying about home or hobbies.

Explanation:

Brolen's biggest problem is that he is not satisfying customers' needs. He doesn't have a definite Business Plan or strategy to work things out. He does not have a set of targets to achieve and doesn't take the business professionally .He needs guidance to plan out his business activities and needs to work properly without worrying much about home or his hobbies. He should spend his time in the office working rather worrying about home. Spending time on too much emailing will not help him . He needs marketers and other business persons to plan implement and execute business strategies to satisfy customer needs.

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2 years ago
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Kay [80]

Answer:

$1,476,000

Explanation:

According to the scenario, computation of the given data are as follows:-  

Statement of The Cash Flow 31 December,2022

Particular                               Amount        Total Amount

Net Income                                                  $1,200,000

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Answer:

See the explanation for the answer.

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a) Implicit Service:-Mechanics of Volvo provides very friendly environment with positive attitude. They acts as helping hand to customers by providing them advice/consultancy.

b)  Explicit Service:-Volvo provide high quality of repair services with a reasonable price thereby ensuring that all Volvo vehicles are running smoothly with no problems.

c)   Facilitating goods:-They provide good waiting area for their customers with services such as TV, coffee, soft drink machine newspaper.

d)  Supporting facility: - They occupy new building and keep it neat and clean. This building include all facilities as per requirement.

e)  Information:-Mechanic understand vehicle’s problem first, analyze solution and notify customer with estimated cost and time required.

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d)  Provide a sustainable growth.

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c)  Through service excellence, village Volvo can create a differentiation.

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