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9966 [12]
3 years ago
13

Because the demand for wheat tends to be inelastic. True or False

Business
1 answer:
motikmotik3 years ago
4 0

Answer:

true

Explanation:

i just need points the answer may be wrong

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A manufacturer of hospital supplies has a uniform annual demand for 320 comma 000 boxes of bandages. It costs ​$10 to store one
mash [69]

Answer:

100 times per year

Explanation:

Data provided in the question:

Annual Demand , D = 320,000 boxes

Cost of storing one box, C = $10

Plant set up cost for production, c = $160

Now,

The optimal ordering quantity = \sqrt\frac{2cD}{C}

or

The optimal ordering quantity = \sqrt\frac{2(160)(32,000)}{10}

or

= 3200

Therefore,

Number of timer in year company produce boxes = \frac{\textup{Demand}}{\textup{Optimal order quantity}}

= \frac{\textup{320,000}}{\textup{3,200}}

= 100 times per year

4 0
3 years ago
(8 points) The following information relates to the Windsor Company.DateEnding Inventory(End-of-Year Prices)PriceIndexDecember 3
ad-work [718]

Answer:

Windsor Company

   year             Inventory               Indexes       Inventory        Change from prior y

                    at year prices                          at base year price

2013              $63,500               100                   63,500                    -  

2014               105,434               119                      88,600                25,100

2015               113,446                131                     86,600               (2000)

2016                128,792              136                    94,700                8,100

2017                118,158                141                      83,800               (10,900)  

Dollar Value Inventory

Dec 31 , 2013     $63,500 at 1.00                   <u>$63,500</u>

Dec 31, 2014        $63,500  at 1.00               $63,500

                             25,100 * 1.19                       <u> 29,869</u>

                                                                          <u>93,369</u>

Dec 31 2015            $63,500*1.00                  63,500

                                 23,100*1.19                     <u>27,489</u>

                                                                       <u>  90,989</u>

Dec 31, 2016           $63,500*1.00                    63,500

                                  23,100*1.19                       27,489

                                    8,100*1.36                    <u>    11,016</u>

                                                                          <u> 102,005</u>

Dec 31 , 2017              $63,500*1.00                 63,500

                                    20,300*1.19                   <u> 24,157</u>

                                                                           <u> 87,657     </u>  

 

Explanation:

7 0
3 years ago
Sheridan Company sells merchandise on account for $6400 to Carla Vista Company with credit terms of 2/10, n/30. Block Company re
Aliun [14]

Answer: $4,508

Explanation:

Companies usually give discounts with credit terms to encourage Receivables to pay faster.

In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.

They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.

So calculating for that would be,

= (6,400 - 1800) (1 - 0.02)

= $4,508

The amount of the check is $4,508

8 0
3 years ago
Read 2 more answers
Depreciation is an amortized expenditure<br><br> True or False
IRISSAK [1]
False i think maybe not
4 0
3 years ago
Each year 50 randomly selected haque &amp; slash hair styling franchises are surveyed to determine: (1) the average annual earni
Vikentia [17]
<span>µ, or the population mean, may be defined as the average annual earning of all Haque & Slash hair styling franchises. x measures only the average annual earnings of the 50 randomly selected Haque & Slash hair styling franchises.</span>
6 0
3 years ago
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