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
Harman [31]
3 years ago
12

The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular "BIG BUCKS" automa

ted teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time is six days. Assuming a 30-day month, what is the economic order quantity?
Business
1 answer:
notsponge [240]3 years ago
8 0

Answer:

3,000 $100 bills equivalent to $300,000

Explanation:

The economic order quantity (EOQ) is the optimum quantity of a good to be purchased or required at a time in order to minimize ordering and carrying costs in inventory.

EOQ = the square root of [(2 times the annual demand in units times the incremental cost to process an order) divided by (the incremental annual cost to carry one unit in inventory)]

  • annual demand in units = 12,500 x 12 = 150,000
  • incremental costs to process an order = $300
  • incremental annual cost to carry one unit in inventory = 10% x 100 = $10

EOQ = √[(2 x 150,000 x $300) / $10] = √($90,000,000 / $10) = √9,000,000 = 3,000 bills

You might be interested in
If a contractual obligation can be negated by a particular action, the contractual promise is said to be _?_.
Reptile [31]
<span>Termination clauses always make a contract invalid for lack of consideration.</span>
4 0
4 years ago
A store that sells books and a store that sells tools are what type of competitors? (Select the best answer.) Indirect competito
boyakko [2]
These are known as indirect competitors
3 0
4 years ago
Dailies is a large retail chain in New Jersey. Apart from selling to customers, Dailies supplies bread and vegetables to a large
Rus_ich [418]

Answer:

The answer is: A) Wholesaling

Explanation:

Wholesaling is basically selling goods in bulk to smaller retailers, industrial or commercial companies, or other institutions that generally resell them in smaller quantities or as different processed goods. It is basically selling your product to anyone besides the final consumer.

In this example Dailies sells bread and vegetables to several restaurants, who later processes them into a different product (i.e. salad, sandwich) and sells them to their final customers.  

7 0
4 years ago
Gary Sirota sees the proposed Bajagua Project as a win-win scenario for the public due to the larger treatment capacity of the p
snow_tiger [21]

Answer:

the private sector should never build a plant, regardless of benefits, because water is a public resource that needs public oversight

Explanation:

The win-win situation refers to the situation in which each one is happy as a result that arrives is best and beneficial for the company

Since in the question,  it is mentioned that there is a win-win scenario as there is a larger treatment for the public at a lower cost per gallon

Therefore by this, the private sector should never develop that plant i.e water as it is a resource that is consumed by the public irrespective of their benefits

8 0
4 years ago
What is an opportunity cost of saving for the future?
LuckyWell [14K]

Answer:

The biggest opportunity cost regarding liquidity has to do with the chance that you could miss out on a prime investment opportunity in the future becse you can't get your hands on your money that's tied up in another investments.

Explanation

4 0
3 years ago
Read 2 more answers
Other questions:
  • Assume real per capita GDP in West Springfield is $10,000 while in East Vice City it is $2,500. The annual growth rate in West S
    10·1 answer
  • Weismann Co. issued 15-year bonds a year ago at a coupon rate of 4.9 percent. The bonds make semiannual payments and have a par
    6·1 answer
  • Wanda owns a lemonade stand. She produces lemonade using five inputs: water, sugar, lemons, paper cups, and labor. Her costs per
    15·1 answer
  • Bob is willing to pay $65 for a new pair of shoes. bill is willing to pay $50 for the same shoes. the shoes have a price of $45.
    9·1 answer
  • Consider the following situations for Shocker:
    8·1 answer
  • Consumption consists of spending by households on goods and services, with the exception of Group of answer choices purchases of
    9·1 answer
  • Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m
    8·1 answer
  • What did the federal reserve act signed by president woodrow wilson in 1913 establish
    11·2 answers
  • True or false. A direct deposit is when you take your check straight to the bank when you receive it
    12·1 answer
  • On a piece of paper or on a device with a touch screen, hand write the solution to the following problem. Then photograph or sav
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!