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Savatey [412]
3 years ago
11

The least total cost method (LTC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setu

p (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal. Group of answer choices True False
Mathematics
1 answer:
rewona [7]3 years ago
8 0

Answer:

True

Step-by-step explanation:

The least total cost method is the method in which the total cost of the ordering cost and the total carrying cost is equal among various lot size available.

The order quantity should be choose when the total ordering cost and the total carrying cost equal to each other

The formula to compute the economic order quantity is shown below:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

It is always be expressed in units

The formula to compute the ordering cost is

= \frac{Annual\ demand}{Economic\ order\ quantity}\times ordering\ cost\ per\ order

And, the formula to compute the carrying cost is

= \frac{Economic\ order\ quanity}{2}\times carrying\ cost\ per\ unit

Hence, the given statement is true

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6 0
3 years ago
A bag contains blue and yellow marbles. Two marbles are drawn without replacement. The probability of selecting a blue marble an
exis [7]
 blue marbles
y = yellow marbles
 Sum = b+y
 The <span>chance of a blue marble being drawn first is:
b / (b+y) = 0.55 
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3 years ago
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AleksAgata [21]

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Step-by-step explanation:

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3 0
3 years ago
Help with multi step inequalities please
Novosadov [1.4K]

Answer:

B. The solution is valid because all steps to solve the inequality for F are correct.

Step-by-step explanation:

F - 32 ≤ 0

Add 32 to both sides of the equation to have;

F -32 + 32 ≤ 0 + 32

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It can be observed that to solve for F, the steps are correct. Thus the solution is valid. Therefore, the correct choice in the given question is the solution is valid because all steps to solve the inequality for F are correct.

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Please see attached below and please explain how to solve.
densk [106]

Answer:

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Step-by-step explanation:

You can compare the multipliers in the interest formulas.

For simple interest, the amount in the account (A) starting with principal P and earning at rate r for t years will be ...

  A = P(1 +rt)

For the values given, r=.06 and t=2, the multiplier is ...

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__

For interest compounded annually, the amount will be ...

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For the given values, the multiplier is ...

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__

Since 1.12 > 1.0816, the account earning simple interest will earn more interest.

5 0
3 years ago
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