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Alenkinab [10]
3 years ago
9

A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $20 to order staples, and carrying costs a

re $0.80 per box on an annual basis.
1. Determine the annual cost of ordering and carrying the boxes of staples.

A. $55

B. $48

C. $196

D. $69

E. $20
Business
1 answer:
WARRIOR [948]3 years ago
8 0

Answer:

The correct answer is $55.42.

Explanation:

According to the scenario, the computation of the given data are as follows:

Boxes use = 96 boxes

Cost = $4 per box

Staple cost = $20

Carrying cost = $0.80

So, we can calculate the annual cost of ordering and carrying by using following formula:

Annual cost = (EOQ ÷ 2) × Carrying cost + (Boxes use ÷ EOQ) × Staple cost

Where, EOQ = ( 2 × 96 × 20 ÷ 0.80)^1/2 = 69.28

So, by putting the value, we get

Annual cost = ( 69.28 ÷ 2) × $0.80 + ( 96 ÷ 69.28) × $20

= $27.71 + $27.71

= $55.42

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4 0
3 years ago
Two people apply for loans of the same amount. Due to differences in their credit scores, their payments differ by $72 per month
Vlada [557]

Answer:

$2592

Explanation:

Let the amount of loan applied for by both person be $x and $y respectively. If their loan differs by $72 each month, the second person would have applied for $(x+72) each month.

Amount applied by first person will be $x at the end of first month

Amount applied by second person will be $(x+72) at the end of first month

At the end of 36 months, the amount applied for by the first man will be $36x

At the end of 36 months, the amount applied for by the second man will be $36(x+72)

First person 'x' =$36x

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If x pays $36x

y will pay $(36x+2592)

Their difference will become

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= $2592

The person with the lower credit score will pay $2592 at the end of the 36-month loan

5 0
4 years ago
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The manager of the cost center does not have control over revenue or the use of investment funds.

<h3>What is a Manager?</h3>

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The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.

In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.

Learn more about Managers, here:

brainly.com/question/28017308

#SPJ4

4 0
1 year ago
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