Answer:
19 units per order
Explanation:
the formula to calculate economic order quantity (EOQ) is:
EOQ = √(2SD/H)
- S = cost per order
- D = annual demand
- H = holding cost per unit
EOQ = √[(2 x 850 x 14) / 65] = 19.14 units
in this case to obtain the lowest possible cost you must round down your answer to 18 units per order.
The EOQ can help you determine the minimum amount of units that you should order of a product in order to reduce inventory costs.
Donald Trump is worth 4 billion US dollars. I hope it helps
Answer:
The account will be worth $1,485,054.43 at the age of 18.
Explanation:
Giving the following information:
Lump sum= 120,000
Number of years= 18
Annual interest= 15%
To calculate the final value of the investment, we need to use the following formula:
FV= PV*(1+i)^n
FV= 120,000*(1.15^18)= $1,485,054.43
The account will be worth $1,485,054.43 at the age of 18.
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Answer:
B. a cartel
Explanation:
A cartel is a group of independent producers who collude to promote and protect their trade interests. Large producers in the same industry form cartels to manipulate supply and fix prices. Through the cartel, the large producers set prices that guarantee maximum profits for their members. The cartel eliminates price competition among the major producers in the industry.