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poizon [28]
4 years ago
5

An automobile dealer expects to sell 900 cars a year. The cars cost $9000 plus a fixed charge of $1000 per delivery. If it costs

$500 to store a car for a year, find the order size and the number of orders that minimize inventory costs.
Business
1 answer:
True [87]4 years ago
8 0

Solution:

Let x = the order size of each time

1. Calculate N(x) , the number of orders that the dealer will place in a year

N(x) = 900 / x

2. Calculate C(x) , the storage cost in the year

C(x) = \frac{x}{2} - 1000 = 500x Dollars

3. Calculate R(x), the reorder cost of each time

R(x) = 9000x + 1000 Dollars

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Klio2033 [76]

Answer:

A. Realtors

Explanation:

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3 years ago
At the end of 2017, companies from one country collectively owned $22 billion in assets in its neighboring country. The $2 billi
Nastasia [14]

Answer:

A. Stock

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3 years ago
Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She
Archy [21]

Answer:

Return on investment =  -0.71%

Explanation:

<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  </em>

<em>Dividend is the proportion of the profit made by a company which is paid to shareholders.  </em>

<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.  

Therefore, we can can compute the return on the investment as follows:  

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Return on investment =  -0.71%

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