1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MaRussiya [10]
3 years ago
9

An electronics firm produces 45,000 calculators annually, and each calculator requires 2 nickel-cadmium batteries (so they use 9

0,000 batteries per year). The batteries are purchased from a local supplier for $0.14 each, and the supplier charges $250 each time a delivery is made. The annual storage cost is $0.046 per battery, and the cost of capital (i.e., opportunity cost) is 10% per year.
A. What is the annual holding cost per battery (incliding storage cost and cost of capital)?
B. What is the annual inventory cost associated with the batteries if the firm orders 15,000 batteries at a time?
C. What is the economic order quantity?
A. 17,503.
B. 20,194.
C. 27,386.
D. 30,000.
Business
1 answer:
Mila [183]3 years ago
8 0

Answer:

A.

$0.05

B.

$18,600

C.

30,000 units

Explanation:

Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given data

Annual Demand = 90,000 batteries

Ordering cost = $250

Carrying cost = $0.046

A.

Annual Holding cost = Holding cost per unit x Annual Demand  = $0.046 x 90,000 batteries = $4,140

Opportunity cost = $0.046 X 110% = $0.05

B.

Purchase cost = 90,000 x $0.14 = $12,600

Ordering cost = (90,000/15,000) x $250 = $1,500

Storage cost = $0.05  x 90,000 = $4,500

Total cost of Inventory = $12,600 + $1,500 + $4,500 = $18,600

C.

EOQ =  \sqrt{\frac{2 X S X D}{H} }

EOQ = \sqrt{\frac{2 X 250 X 90000}{0.05} }

EOQ = 30,000

You might be interested in
When your music teacher asks that you increase the decibels in a particular part of your performance, he is specifically request
REY [17]
Loudness. Hope this helps.
8 0
3 years ago
Match the example with the business structure that makes sense for it. To match the items, click the example, and then click the
Kazeer [188]

Answer:

Doug and Vanessa- partnership

Esperanza- sole partnership

Robyn- c corporation

Cuba- s corporation or LLC

Ming- nonprofit corporation

I hope this helps someone!!

7 0
3 years ago
Do you believe the statement "perception is reality"? Why or why not?
Allisa [31]
I wholeheartedly agree and think it’s practically self-evident.

Here’s an excellent example from history.

For 28 years, the Berlin Wall separated East Berlin from West Berlin and was the most heavily militarized border crossing in the Western hemisphere. In 1989, during a press conference with western media, Gunther Schabowski was handed a note explaining a change in policy governing border crossing. Several discussions took place about making a show of opening the border between East and West Germany, but nobody informed Schabowski.

At the end of the press conference, he appears to have remembered the note belatedly, and read it verbatim—which was not what was intended. When asked about when the border would open, he assumed it was immediate.

The reality of course was that East Germany had no intention of opening the border, and certainly not immediately.

Within hours, the border crossing was practically buried under thousands of East Germans eager to be reunited with their families and other loved ones after 28 years on the press conference, which had been broadcast live.

The East Germans believed what they were told: Schabowski said immediately, and they intended to go immediately.

Border guards kept calling for instructions, until finally, they relented.

Perception became reality, and the border between East and West Berlin opened, spelling the de facto end of the separation of Germany.
273 viewsView 2 Upvoters · Answer requested by Never Wong
Related Questions (More Answers Below)
3 0
3 years ago
ECONOMICS, PLEASE HELP.
Nina [5.8K]

Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.

For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.

This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.


3 0
3 years ago
Liability insurance is...
Scrat [10]

Answer:

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • When a lender charges interest, it is known as:
    13·2 answers
  • When are you allowed to stand on the top ladder
    15·1 answer
  • Stock Investment Transactions On September 12, 2,000 shares of Aspen Company were acquired at a price of $50 per share plus a $2
    9·1 answer
  • 2. Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 Average total assets 2,200,000
    6·1 answer
  • In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th
    11·1 answer
  • our company, Johnson Farm Products, has decided to expand its traditional business serving farm owners in order to include home
    11·1 answer
  • Harold is an aspiring entrepreneur. He has asked all his professional contacts for some advice. After hearing out all the sugges
    8·1 answer
  • Research conducted by Harvard Business School found that the traditional 4 Ps model:
    14·1 answer
  • A conservative statistical test is one that question 22 options: minimizes both type i and type ii errors. minimizes type i erro
    12·2 answers
  • According to the U.S. Bureau of Labor Statistics, there were 100,800 chefs/head cooks employed in the United States in 2010 and
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!