Economic Order Quantity
The economic order quantity, that is, the order quantity that minimizes the inventory cost is:
300 cases of tennis balls
Data and Calculations:
Sales of tennis balls for the coming year = 10,000 units
Carrying (holding) costs per case = $10
Cost of placing orders with the manufacturer = $45 per order
Economic Order Quantity (EOQ) = square root of (2 * Annual Demand/Sales * Ordering cost)/Carrying cost per case
= square root of (2 * 10,000 * $45)/$10
= square root of 90,000
= 300 tennis balls
This implies that the distributor will place about 33 orders in the coming year. With each order, the quantity placed is 300 units. This is the economic order quantity that will minimize its inventory cost for the year.
Answer:
128
Step-by-step explanation:
You have two jars and seven marbles.
You do 
.
That is 128
Answer:
Kadeem will take 0.166 h more to complete the course.
Step-by-step explanation:
The speed is the rate at which the distance changes, when the speed goes up the distance changes more quickly, therefore if the distance is the same and the speed is higher the one who will take longer is the one that has less speed. In this case the one who will take longer to drive the 25 miles is Kadeem, since he's driving at 50 mph. In order to calculate how much longer we need to calculate the time at which each of them complete the course, this is shown below:
time = distance/speed
For Kadeem:
time = 25/50 = 0.5 h
For Quinn:
time = 25/75 = 0.334 h
The difference between the is 0.5 - 0.334 = 0.166 h.
Answer:
The answer should be 25.
Step-by-step explanation:
Since we can rule out 25.4 for being too high, and 22 for being too low, the answer must be 25
