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
VikaD [51]
3 years ago
7

A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ord

ering costs are estimated at $5 per order. Assume that the bakery is open 250 days a year and its daily demand is estimated at 20 bags. It takes 5 days for each order of sugar to be filled. What is the total cost of ordering and holding sugar
Business
1 answer:
Marianna [84]3 years ago
3 0

Answer:

the total cost of ordering and holding sugar is $1,000 per year

Explanation:

<em>Step 1 Calculate the Economic Order Quantity(EOQ).</em>

EOQ = √(2×Total Demand×Ordering cost)/ Holding Cost per Unit

        = √(2×250×20×5)/20

        = 50

<em>Step 2 Calculate the total  cost of ordering and holding sugar</em>

Total cost = Ordering Cost + Holding Cost

                = (250×20)/50 × $5 + 50/2 × $20

                = $500+$500

                = $1,000

Therefore,  the total cost of ordering and holding sugar is $1,000 per year

You might be interested in
A conceptual framework is an analytical tool with several variations and contexts. It can be applied in different categories of
Gemiola [76]

Incomplete question. I inferred you want to know if it is true or false.

Answer:

<u>True</u>

Explanation:

This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.

For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.

8 0
2 years ago
The relationship between pepe's pizzeria and its customers functions at which level of the relationship marketing continuum?
maks197457 [2]

The relationship between Pepe’s pizzeria and its consumer functions at the level of the relationship marketing continuum in the social interaction. This level focuses more on the relationship and interaction of the people or the society of which the pepe’s pizzeria and the consumers are in the level of social interaction as they establish a relationship between the two parties.

8 0
3 years ago
Read 2 more answers
Fuzzy Tail Industries produces wooden picnic tables for fuzzy creatures (hamster and squirrel size are its most popular products
scoray [572]

Answer:

7.5 Years

Explanation:

The computation of the payback period of the given machine is shown below:

<u>Year       Initial outflow       Cash flow       Cumulative cash flow</u>

               (52000)  

1                                              10,000               10,000

2                                              10,000              20,000

3                                              10,000              30,000

4                                               8,000               38,000

5                                               8,000               46,000

6                                               2,000                48,000

7                                                2,000                50,000

8                                                4,000                 54000

9                                                4,000                 58000

10                                               4,000                 62000

Now the Payback period is

=  Completed years+ required cash ÷ annual cash inflow

= 7 years + 2000 ÷ 4000

= 7.5 Years

5 0
3 years ago
Mona contracts to repair a computer for New Data, Inc. (NDI) for $450 and have it done by next Monday. Mona knows that without t
damaskus [11]

Answer:

$5,000

Explanation:

Consequential damages are damages that result from the one party in a contract not performing their part or breaching the contract.

In this case, New Data can sue Mona for consequential damages resulting from Mona not performing her contractual obligations. The damages that New Data can recover = $5,000 which is the profit from the lost sale. The $1,000 spent fixing the computer cannot be recovered.

8 0
3 years ago
Please help!! URGENT! Question &amp; answers in photo
FinnZ [79.3K]

Answer:

its black? or is it just mine

Explanation:

8 0
2 years ago
Read 2 more answers
Other questions:
  • Fitzgerald Company wrote checks totaling $34,160 during October and $37,300 during November. $32,480 of these checks cleared the
    15·1 answer
  • When is a budget considered to be balanced??
    5·1 answer
  • Which of the following statements about Generally Accepted Audit Standards are true?
    12·1 answer
  • Which of the following loans will typically offer the lowest interest rate
    14·1 answer
  • What happens if you don't pay your insurance premium for your car?
    11·1 answer
  • This isn't a homework question, but just something I need confirmation of.
    15·1 answer
  • I am 15 I’m I able to work at a haunted house or something like that?
    9·2 answers
  • SEVEN (7) rewards and THREE (3) Challenges of the CEO of this company
    14·1 answer
  • what key environmental changes do you think will increasingly force managers to be proficient at conducting environmental analys
    7·1 answer
  • Richard Simmons, a sales rep for a firm that makes a line of pumps for keeping construction sites dry, has just been contacted b
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!