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Semmy [17]
3 years ago
11

Which of the following is TRUE regarding the economic order quantity (EOQ) model? A. Demand rate is dependent on order quantity.

B. Ordering cost per order is dependent on order quantity. C. Holding cost per unit per year is independent of order quantity. D. Holding cost per unit per year is dependent on the selling price per unit.
Business
1 answer:
Oduvanchick [21]3 years ago
5 0

Answer:

D. Holding cost per unit per year is dependent on the selling price per unit.

Explanation:

The formulas are shown below:

Economic order quantity:

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

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2

The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

If in the question, the carrying cost is given in the percentage than the per unit cost is come after multiplying it with the selling price per unit

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The unemployment rate in the United States is usually​ ________ than the unemployment rates in most other​ high-income countries
bogdanovich [222]

Answer:

The answers are:

  • lower
  • more stringent

Explanation:

In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.

The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.

In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:

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4 0
3 years ago
An invoice is an example of which of the following?
Scilla [17]

A source document

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8 0
3 years ago
Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin
ratelena [41]

Answer: $32.23 per labor-hour

Explanation:

To solve the question, we need to first calculate the estimated total manufacturing overhead which will be:

= $906,732 + ($6.76 per labor-hour × 35,600 labor-hours)

= $906732 + $240656

= $1,147,388

Predetermined overhead rate will then be:

= $1,147,388 / 35,600 labor-hours

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3 0
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The purpose of the memo is to
natali 33 [55]

A memo (or memorandum, meaning “reminder”) is normally used for communicating policies, procedures, or related official business within an organization

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Identify five HRM criteria or components that can be used to measure organizational effectiveness or ineffectiveness. "Grievance
kolezko [41]

Answer:

They include;

1. Customer Satisfaction

2. Absenteeism

3. Legal Compliance

4. Performance

5. Training

Explanation:

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1. Satisfaction: If the employees are treated fairly and so, feel satisfied with the organization, then they can be said to be effective.

2. Absenteeism: When workers are always absent from work it does not present the organization as an effective one.

3. Legal Compliance: The organization must be able to comply to government rules and regulations guiding the business to be rated as effective.

4. Performance: High or low-performance which is reflected in the turnover rates would be an indication of how effective or ineffective an organization is.

5. Training: The organization should be able to provide regular standard training for its workers to be rated as effective.

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