1answer.
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
Lisa [10]
2 years ago
11

1.1 W (5 marks) Calculate the economic order quantity (EOQ) per annum. Economic order quantity Startrek Secondary School purchas

es 700 math's sets per annum. The cost of each math set is R80. Each set is sold for R100. The cost of placing a single order is R45. The holding cost is 11% of the unit purchase price.​
Business
1 answer:
klemol [59]2 years ago
7 0

Based on the math sets purchased by Startrek Secondary School as well as its various costs, the Economic Order Quantity is 84.61 sets.

<h3>What is the Economic Order Quantity?</h3>

This can be found as:

= √(2 x Annual math sets needed x Ordering cost per unit/ Carrying cost

Carrying cost is:

= 80 x 11%

= R8.80

The EOQ is therefore:

=  √(2 x 700 x 48 / 8.8

= 84.61 math sets

Find out more on the Economic Order Quantity at brainly.com/question/26814787.

#SPJ1

You might be interested in
Hair Stylist Woes. Maryann went to see her hair stylist, Candy. Maryann, who had black, curly hair, requested straight, blond ha
Tom [10]

The statement in regards Candy is that Maryann is incorrect because general damages would be presumed. Thus the correct option is (D).

<h3>What are General Damages?</h3>

Damages that inevitably and directly result from a contract breach. Or, to put it another way, those losses that, in a perfect world, every damaged party would sustain is known as the General Damages.

As per the above situation, Candy is suffering from the loss of the reputation due to the Maryann actions against her for writing the editorial and spreading the wrong news about her saloon.

Candy is the subject of the claim, and Maryann is mistaken since general damages would be assumed. hence, the appropriate choice is (D).

Learn more about breach of contract here:

brainly.com/question/24259882

#SPJ1

3 0
2 years ago
What is the meaning of market in economics
Aloiza [94]
<span>The market refers to the buying and selling abilities within a ocal, state, or national economy.</span>
4 0
3 years ago
Which of the following is NOT a proposition of the Heckscher-Ohlin model? Countries will completely specialize in the product in
irina [24]

Answer:

<em>Countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. ( first choice)</em>

8 0
2 years ago
Which of the following is the basis for Justice Ginsberg's opinion that Guido and
ira [324]

Answer:2. Which of the following is the basis for Justice Ginsberg's opinion that Guido and Rankin have legitimate grounds for a lawsuit? The district is a public employer, making its size irrelevant. ... The district has already been sued for the same issue by other former employees.

Explanation:

8 0
2 years ago
Martinez Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,900 to $19
kolezko [41]

Answer:

<u>monthly flexible budget for each $11,100 increment </u>

Sales                                                               $11,100

Less Sales Commissions ( $11,100 × 6%)       ($666)

Net Sales                                                       $10,434

advertising ( $11,100 × 5%)                              ($555)

traveling ( $11,100 × 4%)                                  ($444)

delivery ( $11,100 × 2%)                                   ($222)

Net Income                                                     $9,213

Explanation:

Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment

<u />

4 0
3 years ago
Other questions:
  • The Lancet, a leading medical journal, published a paper on a possible link between autism in children and the measles, mumps, r
    10·1 answer
  • "The production supervisor estimates that the ending work-in-process is 16 percent complete. Compute the cost of paint transferr
    9·1 answer
  • Gonzalez Company has 350,000 shares of $10 par value common stock outstanding. During the year, Gonzalez declared a 10% stock di
    12·1 answer
  • What is inflation? an increase in the amount of money in circulation an increase in the overall price level a decrease in the ov
    9·1 answer
  • On January 1, 2018, equity account balances are as follows: Preferred Stock $ 500,000 Common Stock 1,000,000 Paid-In Capital in
    11·1 answer
  • Heidee Corp. and Leaudy Corp. have identical assets, sales, interest rates paid on their debt, tax rates, and EBIT. However, Hei
    12·1 answer
  • It is important to organize your time when taking a college course, True False​
    11·1 answer
  • Q 14.6: Morris Enterprises has 5,000 shares of 5.5%, $100 par value cumulative preferred stock and 100,000 shares of $10 par val
    9·1 answer
  • Everything Looks Like a Nail, Inc is a manufacturing company that produces hammers. The company faces a number of fixed and vari
    13·1 answer
  • the ceo of what company stepped down this week, after having co-founded the business and led it from 2006-2008 and from 2015-202
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!