Answer:
$418,550
Explanation:
Steps are shown below:
a. The computation of the economic order quantity is shown below:
=
=
= 2,040 units
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $52,000 ÷ 2,040 units
= 25.49 orders
c. The average inventory would equal to
= Economic order quantity ÷ 2
= 2040 units ÷ 2
= 1,020 units
d. The total cost of ordering cost and carrying cost equals to
Ordering cost = Number of orders × ordering cost per order
= 25.49 orders × $50
= $1,275
Carrying cost = average inventory × carrying cost per unit
= 1,020 units × $1.25
= $1,275
So, the total annual cost would be
= Purchase cost + ordering cost + carrying cost
= $416,000 + $1,275 + $1,275
= $418,550
Purchase cost = Annual demand × cost per unit
= 52,000 × $8
= $416,000
Answer:
3. consumers know what is available
Explanation:
Sole proprietorships are often owned by financial institutuins
Answer:
Answer for the question:
A production line at VJ Sukumaran's machine shop has three stations. The first station can process a unit in 10 minutes. The second has two identical machines, each of which can process a unit in 12 minutes (each unit only needs to be processed one of the two machines). The third station can process a unit in 18 minutes.(This station operates separately from, and simultaneously with stations one and two, which are independent and sequential operations).
Which station is the bottleneck station?
is given in the attachment.
Explanation: