SoCal Movie Company produces movies at a studio in Southern California. The risk manager decided to identify the range of potent
1 answer:
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Answer:
The fund balance at the end of the year is $22,075.
Explanation:
Let X denote the end-of-year balance. During the year, the balance grows as follows
1,205 → 1,230+ ($800) = 2,030
The time-weighted yield rate for the one yearperiod is 11.1%
11.1 = *
1230x = 27152265
x =
x = $22,075
Answer:
The optimal number of pizza that Judith should order is 184.
Explanation:
Judith is introducing pizza in the cafeteria menu.
She is expecting a weekly demand of 10 pizzas.
The cafeteria is open 45 weeks a year.
The ordering cost of pizza for Judith is $15 and the holding cost is $0.40.
The annual demand for pizza
=
= 450
The optimal number of pizza will be the economic order quantity.
Economic order quantity can be defined as the optimal order quantity that a company should make to minimize its total cost of inventory.
Economic order quantity
=
=
=
= 183.71
So the optimal number of pizza that Judith should order is 184.