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Alika [10]
3 years ago
10

Joe​ Henry's machine shop uses 2 comma 480 brackets during the course of a year. These brackets are purchased from a supplier 90

miles away. The following information is known about the​ brackets: Annual demand 2 comma 480 Holding cost per bracket per year $ 1.55 Order cost per order $ 18.25 Lead time 2 days Working days per year 250 ​a) What is the​ EOQ? nothing units ​(round your response to two decimal​ places).
Business
1 answer:
LuckyWell [14K]3 years ago
3 0

Answer:

The EOQ is 242 units

Explanation:

Economic Order Quantity: The Economic order quantity is that quantity which is to be produced by minimizing the ordering cost and the carrying cost

The computation of the economic order quantity is calculated by applying the formula which is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost per order}}{\text{Holding cost per bracket}}}

= \sqrt{\frac{2\times \text{2,480}\times \text{\$18.25}}{\text{\$1.55}}}

= $242 units

The Economic order quantity should always be expressed in units.

The other items which are mentioned are irrelevant. Hence, ignored.

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Thomlin Company forecasts that total overhead for the current year will be $11,597,000 with 164,000 total machine hours. Year to
Pepsi [2]

Answer: c.$71 per machine hour

Explanation:

The Pre-determined Overhead rate is the rate Thomlin Company forecasted that the company would incur total overhead for the current year.

They forecasted total overhead of $11,597,000 with 164,000 total machine hours.

Since the rate is based on Machine Hours the rate would be,

= Total Forecasted Overhead / Total Forecasted Machine Hours

= 11,597,000 / 164,000

= 70.71

= $71

4 0
3 years ago
Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus. The n
goldfiish [28.3K]

Answer:

The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences

Explanation:

Gold standard is a monetary stem that links the value of paper money to gold.This system were used to balance income differences between countries. Countries with a balance of payments surplus would receive gold inflows, while countries in deficit would experience an outflow of gold

Here, Gold is the standard for International balance of payments differences.

Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus.

The nation with a trade surplus has a swell in the money supply, which leads to price increases. At the same time, the nation with a reduction in the money supply will cause prices to fall.

The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences.

6 0
3 years ago
A hospital's permanent accounting department and customer service department are examples of
Kruka [31]

The answer is functional.

Functional groups in working context, means a group of people that are categorized by their work function – or more specifically the specialized work field that they are responsible for.

This is apparent in the example, with classifications such as accounting department and customer service department. Other examples would be marketing department and research & development department.

3 0
3 years ago
The annual percentage rate on a credit card determines
Digiron [165]
My answer -

it determines how much they charge you in interest if you carry a balance. Lower is better. The percentage interest is what they charge you each month, “annual percentage rate” is what you’re paying if you keep that balance for a year. It’s slightly different because in that year, you’re also paying interest on the amount of interest (compound interest) you owe in the previous months.

Not carrying a balance means that you don’t pay interest.


p.s

Let me know if you need anymore help on brainly so I can help you again. Have an AWESOME!!! day :^)


6 0
3 years ago
Old Corp. (target) merges into New Corp (acquiring) in a statutory Type A merger. What will the basis in Old Corp.'s assets be i
Murljashka [212]

Answer:

Carryover basis

In a Type A merger, the basis of the assets and liabilities carries over to the surviving entity.

Explanation:

5 0
3 years ago
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