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Fofino [41]
4 years ago
5

A certain type of computer costs $10 per unit, and the annual holding cost is 25% of the value of the item. Annual demand is 1,0

00 units, and the order cost is $150 per order. What is the approximate economic order quantity? 346 120,000 866 1095 110
Business
1 answer:
lukranit [14]4 years ago
0 0

Answer:

Annual demand (D) = 1,000 units

Ordering cost (Co) = $150

Holding cost per item per annum = 25% x $10 = $2.50

EOQ = √2DCo

                H

EOQ = √2 x 1,000 x $150

                  $2.50

EOQ = 346 units

Explanation:

EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum. EOQ is the quantity of stock that is bought each time a replenishment order is placed.

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Joe​ Henry's machine shop uses 2 comma 510 brackets during the course of a year. These brackets are purchased from a supplier 90
stepan [7]

Answer:

D = 2,510 brackets

              H =  $1.60

              Co =  $20

              EOQ =    √2 x 2510 x  20/1.60

             EOQ = 250 units

Average inventory = EOQ/2

                                 = 250/2

                                = 125 units

Total Holding Cost = QH/2

                                = 250 x $1.60/2

                               = $200

No of order = Annual demand/EOQ

                    = 2,510/250

                   = 10 times

Annual  ordering cost = DCo/Q

                                      = 2,510 x $20/250

                                     = $200

Total annual cost = Annual ordering cost + annual holding cost

                              = $200 + $200

                             = $400

Time between orders = No of working days in a year/No of order

                                      = 250/10

                                      = 25 days

Explanation: Economic order quantity is a function of square root of 2 x annual demand x ordering cost per order divided by holding cost per item per annum. D denotes annual demand, Co is ordering cost per order and H represents holding cost per item per annum.

Average inventory is calculated as EOQ/2

Total annual holding cost is calculated as EOQ multiplied by holding cost per item per annum/2

No of order is the ratio of annual demand to EOQ

Annual ordering cost is calculated as annual demand multiplied by ordering cost per order divided by EOQ

Total annual cost is the aggregate of annual ordering cost and annual holding cost

Time between orders is the ratio of number of days in a year to number of order

8 0
4 years ago
Cloud Storage Solutions works closely with customers showing them early versions of its software and interface and then quickly
Mazyrski [523]

Answer: Co-creation process.

Explanation:

A co-creation process is basically refers to the designing process various types of products and the services in an organization where the customer plays an important role in the form of input in the system.

The co-creation process majorly focuses on the consumer experience and the relationship with the customers.

The one of the main step that involve in the process of the co-creation process is that it select the best contribution from the users and then it used in the products and the services in an organization.  

According to the given scenario, the clod storage software is an organization that shows the early version of the software to the customer for make changes based on the users feedback.

Therefore, Clouds storage solution is using the co-creation process.

7 0
4 years ago
Dylan made a presentation on the organization of the federal government of the United States. What indicates that Dylan's presen
Zolol [24]

Answer:

The presentation made good use of visual aids.

Explanation:

Given that a well-organized presentation is a type of presentation that attracts and satisfies the audience's curiosity and at the same time is well relevant to the topic of discussion.

Hence, in this case, the correct answer to the question is "The presentation made good use of visual aids."

This is because the visual aids in the presentation attract the audience and at the same time depicts relevant points to the topic

3 0
3 years ago
Which branch of macroeconomics specifically focuses on the problems of developing economies?.
DIA [1.3K]

The branch of macroeconomics that specifically focuses on developing economic issues is Development Economics.

Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.

The economy is divided into two important parts, namely: Macroeconomics & Microeconomics

  • Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.
  • Macroeconomics can be defined as a branch of economics that describes a substantial picture.

You can learn more about Economics here brainly.com/question/28208676

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4 0
2 years ago
You're the marketing director for a startup firm in the snack food industry. In the past, you've sold only to small specialty st
Ksivusya [100]

Answer:

<u>Interpersonal influences and organizational factors.</u>

Explanation:

<u>Interpersonal influences</u> are those that include interests, status, and authority in an organization. It should be included in the approach for the potential new buyer to recognize the lead authorities and the interests of who might be their new supplier. It is also imperative that the marketing director include <u>organizational factors</u>, objectives, policies, and organizational processes in the approach to influence purchasing, as these factors are key to demonstrating credibility and viability for the new buyer.

3 0
3 years ago
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