answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrac [35]
2 years ago
3

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat

ion.​ Thomas's fastest-moving inventory item has a demand of 6 comma 100 units per year. The cost of each unit is ​$104​, and the inventory carrying cost is ​$9 per unit per year. The average ordering cost is ​$29 per order. It takes about 5 days for an order to​ arrive, and the demand for 1 week is 122 units.​ (This is a corporate​ operation, and there are 250 working days per​ year). ​a) What is the​ EOQ? nothing units ​(round your response to two decimal​ places).
Business
2 answers:
Korolek [52]2 years ago
8 0

Answer:

The Economic order quantity is 196.64 units.

Explanation:

Economic Order Quantity (EOQ): The Economic order quantity is that quantity which the firms has to produced by maintaining the minimum cost like carrying cost, ordering cost, etc.

The formula to compute EQO is shown below

= \sqrt{\frac{2\times \text{annual demand}\times \text{ordering cost per order}}{\text{carrying cost per unit\\ } }

= \sqrt{\frac{2\times \text{6,000}\times \text{29}}{\text{9\\ } }

= 196.64 units

Hence, the Economic order quantity is 196.64 units

lana66690 [7]2 years ago
8 0

Answer:

The Economic order quantity is 196.64 units.

Explanation:

You might be interested in
10. The Wetski Water Ski Company is the world’s largest producer of water skis. As you might suspect, water skis exhibit a highl
xenn [34]

Answer: $ 30,290,000

Explanation:

For this question, the transportation table has been addressed below.

“X” indicates that there will be no possible production in the specific cell.

(i) The total cost of optimum production plan = (50,000 x 50) + (50,000 x 78) + (50,000 x 50) + (50,000 x 75) + (20,000 x 91) + (40,000 x 88) + (50,000 x 50) + (50,000 x 75) + (40,000 x 85) + (50,000 x 50) + (2,000 x 75)

= $ 30,290,000.

Therefore, the cost of the plan will be $30,290,000.

5 0
2 years ago
The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000, indirect labor of $6,000, dire
Sedbober [7]

Answer: <em>Total Period Cost = $20,500</em>

Explanation:

Given :

Salary = $4000

Factory supply = $1000

Indirect labor = $6000

Direct material = $16000

Advertising expense = $2500

Office expense = $14000

Direct labor = $20000

Period costs are the costs incurring that do not tend to be a section of manufacturing process. Therefore, we compute the Period Cost using the following formula:

<em> Period costs = Salary + Advertising expense + Office expense </em>

<em> = $4,000 + $2,500 + $14,000 </em>

<em> = $20,500</em>

7 0
2 years ago
On December 31, Year 1, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both
Rama09 [41]

Answer:

Hart's note should be reported at $10,000 and Maxx's note should be reported at $7,820

Explanation:

Since Hart's note is a current note (due within one year) it should be reported at future value = $10,000

Marxx's note must be reported at present value:

present value =  future value x discount factor = {$10,000 [1 + (3% x 5)]} x 0.68

present value = $11,500 x 0.68 = $7,820

*we use simple interest to calculate the future value of Marxx's debt since Jet Co. doesn't charge compound interest

4 0
2 years ago
Maintenance money for an athletic complex has been sought. Mr. Kendall, the Athletic Director, would like to solicit a donation
Lena [83]

Answer:

Total donation= $76,000,000

Explanation:

Giving the following information:

These maintenance costs are expected to be $1 million each year for the first five years, $1.3 million each year for years 6 through 10, and $1.5 million each year after that. The money is placed in the account that will pay a 5% interest compounded annually.

First, we need to calculate the final value of the donation:

We have 3 perpetual annuities.

FV= 1,000,000/0.05= 20,000,000

FV= 1,300,000/0.05=26,000,000

FV= 1,5000,000/0.05= 30,000,000

Total donation= $76,000,000

8 0
2 years ago
Spontaneously generated funds are generally defined as follows: a. Funds that a firm must raise externally through borrowing or
siniylev [52]

Answer: e. Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include spontaneous increases in accounts payable and accruals.

Explanation:

Spontaneously Generated Funds are a result of an increase in sales. This then in turn leads to an increase in Accounts Payables, wages to employees and taxes to the Government. For example, if sales rise then the company will buy more from.its suppliers leading to a higher Payables balance.

It is used in the calculation of Additional Funds Needed where it along with an increase in Retained earnings is subtracted from the required increase in sales.

6 0
2 years ago
Other questions:
  • You are thirsty and decide to have an iced tea. your thirst is a​ ________ and your choice of iced tea is a​ ________.
    14·2 answers
  • A population gathers plants and animals for survival. They need at least 360 units of​ energy, 300 units of​ protein, and 8 hide
    8·1 answer
  • This member of the construction crew stands above all the crew chiefs and answers only to the director, the designers, and the b
    5·1 answer
  • Help me plz I will give brainliest
    7·1 answer
  • In 2018, Usher Sports Shop had cash flows from investing activities of ($2,150,000) and cash flows from financing activities of
    7·1 answer
  • Consider an 8% coupon bond selling for $953.10 with three years until maturity making annual coupon payments. the interest rates
    12·1 answer
  • When SW International declared a dividend of $20,000,000, its market value increased from $8 billion to $8.5 billion. However, i
    11·1 answer
  • Each year in December, Anheuser-Busch runs television ads featuring the Clydesdale horses pulling a stagecoach with an Anheuser-
    15·1 answer
  • Cindy's current year adjusted gross income (AGI) is $300,000 and her current year total tax liability is $60,000. Her immediate
    6·1 answer
  • Mark M. Upp has just been fired as the university book store manager for setting prices too low (only 20% above suggested retail
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!