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
Tanya [424]
3 years ago
9

You are the operations manager of a firm that uses the continuous-review inventory control system. Suppose the firm operates 52

weeks a year, 365 days, and has the following characteristics for its primary item:Demand = 450 units/per weekOrdering cost = $35/orderEOQ = 468 units What is the unit holding cost per year?A. Not greater than $3B. Greater than $3 but not greater than $6C. Greater than $6 but not greater than $9
Business
1 answer:
Effectus [21]3 years ago
6 0

Answer:

C. Greater than $6 but not greater than $9

Explanation:

The computation of the  unit holding cost per year is shown below:

As we know that

Economic\ order\ quantity = \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand is 450 × 52 weeks = 23,400 units

Ordering cost is $35 per order

Economic order quantity is 468 units

Now placing these values to the above formula

468\ units = \sqrt{\frac{2\times \text{23,400}\times \text{\$35}}{\text{Carrying\ cost}}}

Now to find out the carrying cost, the calculation is given below:

= (2 × 450 units × $35) ÷ 468^2

= $7.48 per unit

The carrying cost is also known as holding cost

You might be interested in
An investment has the following payment structure: 1,000 payable in one year, 1,000 payable in two years, and 1,000 payable in t
Shtirlitz [24]

Answer: C. 7.3%

Explanation:

The yield rate is a weighted average of the yields over the years:

= [ (1 * 6%) + (2 * 7%) + (3 * 8%)] / ( 1 + 2 + 3)

= 44%/ 6

= 7.33%

= 7.3%

3 0
3 years ago
The_______of the strategic sourcing process, which is sometimes kicked off in response to an entirely new need within an organiz
VladimirAG [237]

The supply chain Management of the strategic sourcing process is sometimes kicked off in response to an entirely new need within an organization.

Explanation:

The main purpose of strategic sourcing is to save money, acquisition process, supplier performance, and minimizing risk.

Based on the seven steps the strategic source processing is performed. They are profile the category means that it defines the categories and commodities in it.

The second step is supply market analysis describes about the cost components of the products or service. Develop the strategy is the next step in which decides where to buy while minimizing risk and cost and how to develop sourcing strategy. The next step is selecting source process which is used as a request for proposal process.

Then negotiate and selection suppliers is used to conduct multiple rounds of negotiation to get a shortlist.

The sixth step is implement and integrate are used for implementation process. The final step is benchmark and track results is the key element for sourcing process.

5 0
3 years ago
Explain whether each of the following will cause a shift of the AD curve or a movement along the AD curve. a. Firms become more
Aleks04 [339]

Answer:

a. AD curve will shift to the right

b. AD curve will shift to the left

c. Movement along the AD curve.

Explanation:

a. When firms become more optimistic and increase their spending on machineries,this brings about changes in investment and it will cause a shift to the right in the aggregate demand curve.

b. When The federal government increases taxes in an attempt to reduce a budget deficit. This will cause a change in consumption as people will have less money to spend since disposable income has been reduced, and it will cause the aggregate demand curve to shift inwards to the left.

c. A 4 percent in US inflation will bring about a change in price level and there will be a movement along the aggregate demand curve.

7 0
3 years ago
​"Since transfer payments by government are not associated with the production of goods and services, they are not included in G
rosijanka [135]

Answer:

true                    

Explanation:

The transfer payment comprises of both a donor as well as a receiver, with the sender giving up something that is of worth and receiving anything in return, unlike the swap agreement that equally benefits all the parties concerned.

Transfer payments cover Social Security, Medicaid, unemployment compensation, social programs and assistance. They should not be added in GDP, as they are not payments for goods or services, but rather ways to distribute money for social purposes.

8 0
3 years ago
Read 2 more answers
The demand curve shows that the quantity consumed of a good or service
Zigmanuir [339]

Answer:

increase by price

Explanation:

because, of quantity let me m know if I am correct I am pretty sure I am

8 0
2 years ago
Other questions:
  • A company, Blue Marbles, who has a presence on Interwebs has become actively involved in political campaigns and uses their prof
    7·1 answer
  • John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
    7·2 answers
  • Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spen
    8·1 answer
  • Consideration of the firm's overall objectives does not influence the final selection of a target market segment.
    7·1 answer
  • Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respec
    5·1 answer
  • Below are transactions for Wolverine Company during 2021.
    13·1 answer
  • Which of the following is true of packaging and labeling?a) An advantage of packaging is the low cost required for the process.b
    10·1 answer
  • Describe the basic control process and various methods that managers can use to maintain control in the organization
    10·1 answer
  • The banking system in the united states is referred to as a fractional reserve banking system because?
    14·1 answer
  • International foods corporation insures its real and personal property, as well as the lives of its key employees, to protect it
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!