Octavia has received an email from a customer, asking her a question about a product. unfortunately, octavia doesn't know the an
2 answers:
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Answer:
Explanation:
a. The computation of the economic order quantity is shown below:
=
where,
Carrying cost = $20 × 15% = 3
And, the annual demand = 450 bicycles × 12 months × 2 tyres = 10,800
And, the ordering cost is $50
Now put these values to the above formula
So, the value would equal to
=
= 600 tires
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $10,800 ÷ 600 tires
= 18 orders
c. The average annual ordering cost would equal to
= Number of orders × ordering cost
= 18 orders × $50
= $900
Answer:
EAR for First national Bank = 13.92 %
EAR for First United Bank = 13.85 %
Explanation:
given data
First National Bank charges = 13.1 percent
compounded monthly , 1 year = 12 month
First United Bank charges = 13.4 percent
compounded semiannually , 1 year = 2 semiannually
solution
we get here first EAR for First national Bank that is express as
EAR for First national Bank = .....................1
here r is rate and n is month
so put here value
EAR for First national Bank =
EAR for First national Bank = 13.92 %
and
EAR for First United Bank is
EAR for First United Bank = ..................2
here r is rate and n is semi annually
EAR for First United Bank =
EAR for First United Bank = 13.85 %
here First United bank EAR is less