Answer:
i think is letter A eh kasi yan lang
Answer:
a. What additional annual cost is $2250
b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock
Explanation:
The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory
Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit
Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225
Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450
Additional Holding Cost = $2250
Answer:
147
Explanation:
People who got bonus = 96
Two more people who make 98 i.e., ( 96+2)
98 people form 2/3 of the work force;
Workpfoce = 3/3: if 2/3 =98. 3/3 = 98/2 * 3
= 49*3
workforce = 147
Answer:
100 labor will be hired to minimize the costs of producing 200 units of output.
Explanation:
Maximising profit
Profit (Pr) = P*Q - Cost
= P*Q - 5L - 20K
= P*4(LK)^0.5 - 4L - 20K
dPr/dL= P*2(K/L)^0.5 - 4 = 0
dPr/dK = P*2(L/K)^0.5 - 20 =0
We know equilibrium condition
MPL/MPK = w/ r
= 5/20
= 0.25
MPL = 2(K/L)^0.5 MPK = 2(L/K)^0.5
K/L = 0.25
K = 0.25L
200 = 4(0.25L^2)^0.5
=4*0.5*L
L = 100
Therefore, 100 labor will be hired to minimize the costs of producing 200 units of output.
