Answer:
EOQ = √ 2DCo/H
D = Annual demand
Co = Ordering cost per order
H = Holding cost per item per annum
TEGDIWS
D = 11,000 units
C0 = $110
H = 10% x $15 = $1.5
EOQ = √2 x 11,000 x $110
$1.5
EOQ = 1,270 units
WIDGET
D = 8,000 units
Co = $10
H = 20% x $8 = $1.6
EOQ =√ 2 x 8,000 x $10
$1.6
EOQ = 316 units
Explanation:
EOQ is equal to the square root of 2 multiplied by annual demand and ordering cost divided by holding cost.
Inferior Good
As consumers income rises their quantity demanded of the good decreases. There is a negative relationship. The juxtaposition is a normal good which when income increases the quantity demanded of that good also increases indicating a positive relationship.
Answer and Explanation:
In the monopolistic market structure, there are many producers, sellers and consumers due to which the business does not have total control over the price of the market. In this market structure, there are barriers to entry and exit
As in this market structure, there are a various product that is differentiated that results in non-perfect elastic demand. Also, every firm has their own prices and products so the demand curve should be downward sloping
Answer:
the answer is simple.
How can you finalize anything without identifying the themes, patters and trends of data and information 1st?
in any given scenario, once you have the data with you, you have to investigate and identify pattern and recurring trends in that data. only after such an analysis you will be able to accurately and properly come in to logical and scientific conclusions to finalize.
Explanation:
Answer:
d. $8.69
Explanation:
Activity rate for Activity 2 = Estimated Overhead Cost / Expected Activity
Activity rate for Activity 2 = $19,987.00 / 2300
Activity rate for Activity 2 = $8.69 per activity