Which statement would apply to a consortium?

Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production fa

Anna007 [38]

Answer:

Given,

Annual demand, D = 12500,

Setting up cost, S = $ 49,

Production rate per year, P = production facility × capability of production = 300 × 105 = 31500,

Holding cost per year, H = $ 0.15,

Hence,

(i) Optimal size of the production run,

$Q = \sqrt{\frac{2DS}{H(1-\frac{D}{P})}}=\sqrt{\frac{2\times 12500\times 49}{0.15(1-\frac{12500}{31500})}}=3679.60238126\approx 3680$

(ii) Average holding cost per year,

$=\frac{QH}{2}(1-\frac{D}{P})$

$=\frac{3680\times 0.15}{2}(1-\frac{12500}{31500})$

$=166.476190476$

$\approx \$ 166.48$

(iii) Average setup cost per year,

$=\frac{D}{Q}\times S$

$=\frac{12500}{3680}\times 49$

$=166.44021739$

$\approx \$ 166.44$

(iv) Total cost per year = average setup cost per year + average holding cost per year + cost to purchase 12500 lights

= 166.44 + 166.48 + 12500(0.95)

= $ 12207.92

7 0

3 years ago

you sell 300 laptops per week at $690 per laptop. You sell 432 tablets per week at $590 per tablet. Which generates more dollars

vitfil [10]

300 X $690 = $207,000

432 X $590 = $254,880

Hope this helps!
STSN

4 0

3 years ago

Read 2 more answers

Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp rise

monitta

As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.

6 0

3 years ago

Sales revenue

Ne4ueva [31]

Answer:

may be recorded before cash is collected.

Explanation:

Sales revenue "may be recorded before cash is collected."

This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.

In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.

4 0

3 years ago

Trevor Company expects sales of Product W to be 60,000 units in April, 75,000 units in May, and 70,000 units in June. The compan

Sedbober [7]

Answer:

65000 units

Explanation:

Given:

Expected sales of product W in April = 60000 units

Expected sales of product W in May = 75000 units

Expected sales of product W in June = 70000 units

Inventory in hand at the end of each month = 40% of the next month's expected sale

Inventory expected at the end of the April = 40% of the expected sales in May

or

Inventory expected at the end of the April = 0.4 × 75000 = 30000 units

Therefore, the total units required in April = Expected sales of product W in April + Inventory expected at the end of the April

or

the total units required in April = 60000 + 30000 = 90000 units

Now,

Excessive production in March (inventory) = 25000 units

Hence, the units required to be produced in April = the total units required in April - Excessive production in March (inventory)

or

the units required to be produced in April = 90000 - 25000 = 65000 units

7 0

4 years ago