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omeli [17]
3 years ago
10

Which company is more likely to have the higher inventory turnover ratio: a grocery store or an automobile manufacture?

Business
1 answer:
boyakko [2]3 years ago
7 0

Answer:

Grocery store

Explanation:

Groceries are sold on daily bases as people's need are daily met. The purchases ration is higher than that of automobiles.

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Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost $8.00, annual demand of 4
torisob [31]

Answer:

Total cost = Total ordering cost + Total holding cost

Total cost = DCo     + QH

                     Q              2

Where

D = Annual demand

Co = Ordering cost per order

Q = EOQ

H = Holding cost per item per annum

D = 40,000 units

Co = $48

H = 18% x $8.00 = $1.44

EOQ = √2DCo

                H

EOQ = √2 x 40,000 x $48

                     $1.44

EOQ = 1,633 units

Explanation:

EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.

7 0
3 years ago
On january 1, 2017, fishbone corporation sold a building that cost $250,000 and that had accumulated depreciation of $100,000 on
polet [3.4K]
I am quite having trouble with this one too!
7 0
3 years ago
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A factory has added a new incentive program to encourage employees to use payroll deductions to contribute to their 401K retirem
ddd [48]

Answer:

Explanation:

Mean is given as $ 100.602

every observation in the dataset is multiplied by 1.578

= 100.602 × 1.578

= 158.75

4 0
3 years ago
Which distribution channel is used by valley farm dairy to distribute its products to consumers without intermediaries?
expeople1 [14]
The distribution channel used by the Valley Farm Dairy would be direct distribution. It is a type of channel distribution that is used to directly sell the goods from the producer to the consumers themselves. The use of intermediaries would increase the price of the good when it reaches the consumers.
3 0
3 years ago
A permanent employee works in the same position for his or her entire career.
kompoz [17]

Answer:

false

Explanation:

6 0
3 years ago
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