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zimovet [89]
4 years ago
10

The General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory

is 50 cents per gallon per year, and the cost of ordering the chemical is $150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is
A) 32,863 gallons.
B) 11,619 gallons.
C) 9,487 gallons.
D) 1,900 gallons.
Business
1 answer:
galina1969 [7]4 years ago
8 0

Answer:

ROQ will be 32863 gallons

So option (a) will be the correct answer

Explanation:

We have given that company uses 150000 gallons of hydrochloric acid per month

Ordering cost = $150

And the holding cost = $0.5

We know that 1 year = 12 month

So annual demand = 12 ×150000 = 1800000

We have to fond the economic order quantity EOQ

We know that EOQ is give by

EOQ=\frac{2\times annual\ demand\ \times ordering\ cost}{holding\ cost}=\frac{2\times 1800000\times 150}{0.5}=32863.35=3286gallons

So option (a) will be correct answer

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Answer:

the exchange rate and the trade deficit to decrease.

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Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.

For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.

Generally, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.

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What is institutional advertising focused on promoting?
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When planning a procurement, it is useful to ______________.
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Q 5.34: A wholesaler offers credit terms 1/10, n/30. A fabric store bought goods worth $6,500 from the wholesaler. Within the di
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Answer:

the wholesaler received $6,138 as payment.

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The seller would receive the the amount owing to customer less the return credit and cash discount of 1 %.

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Account Receivable                        $6,500

Less Return Credit                            ($300)

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