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
grigory [225]
3 years ago
8

Problem 10-05 (Algorithmic) The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition

to the fuel cost, American Petroleum Supply charges MBC $150 per order to cover the expenses of delivering and transferring the fuel to MBC's storage tanks. The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is $0.05 per month, or $0.6 per year; and annual fuel usage is 50,000 gallons. MBC buses operate 250 days a year. What is the optimal order quantity for MBC
Business
1 answer:
USPshnik [31]3 years ago
7 0

Answer:

456 Gallons

Explanation:

The Optimal order quantity can be found using the following formula:

Economic Order Quantity = Sqrt (2* Annual Demand * Ordering cost per order / Holding cost per unit per year)

EOQ= SquareRoot (2 * 50000 Gallons * $150 per order/ 0.48 Holding costs)

Economic Order Quantity = 456 Gallons

You might be interested in
If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he
klasskru [66]

Answer: d. the production function is unrelated to the marginal product.

Explanation:

production function helps show the relationship between the quantity of inputs used in producing a goods or service and the quantity of output it produces. Example; a bag of seeds produces 5 bushels of seeds.

While marginal output is an increase in the output of the product, when input is when input is constant.

In this case production is in to marginal product.

3 0
3 years ago
Molteni Motors Inc. recently reported $3 million of net income. Its EBIT was $6.75 million, and its tax rate was 40%. What was i
blsea [12.9K]

Answer:

Interest= $1750000

Explanation:

We know that:

EBIT

interest (-)

=earnings before taxes

tax (-)

=Net profit

EBIT= 6750000

Interest= ?

t= 0,40

Net profit= 3000000

interest= [netprofit/(1-t)]- EBIT

interest= (3000000/0,60)-6750000

interest= 1750000

Tax=(EBIT-interest)*0,35= 2000000

7 0
3 years ago
If the government increases the excise tax on a gallon of gasoline we can expect the supply curve to shift rightward, quantity d
Bess [88]

If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.

<h3>What is Supply Curve?</h3>

The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.

The complete question is attached below.

According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.

It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.

Learn more about supply curve here:

brainly.com/question/15533680

#SPJ1

6 0
2 years ago
Susie Smith signed a note agreeing to pay "Annie Greene, Mary Hodge" $1,000. The payment was for painting her house. An issue wi
r-ruslan [8.4K]

Answer:

All the options are wrong, they seem to be from another question.

But the correct answer to this question is that Mary is wrong, Annie can legally endorse the note even if her last name was misspelled. Since the misspell was a minor error, only an extra letter (Green vs. Greene), she can do it without any problem because it's easy to prove she is the same person.

5 0
3 years ago
Joni is considering job offers from two companies. Company A offered her a starting salary of $54,660 with a 4.8% raise at the e
Archy [21]

Answer:

1.048

Explanation:

Data provided in the question:

Starting salary offered by company A = $54,660

Raise in salary by company A = 4.8% = 0.048

Starting salary offered by company B = $61,400

Raise in salary by company A = $2400

Now,

Amount of raise in the salary offered by company A

= 4.8% of $54,660

= 0.048 × $54,660

= $2,623.68

Therefore,

Salary after 1 year in company A

= Starting salary + Amount of raise in the salary

= $54,660 + $2,623.68

= $57,283.68

Therefore,

The ratio of Joni's salary one year compared to her salary in the previous year for Company A

= $57,283.68 ÷ $54,660

= 1.048

7 0
3 years ago
Other questions:
  • A technician is talking to end users about the specifications for an upgraded application server. The users of the application r
    9·1 answer
  • HELP PLSSS
    14·1 answer
  • An elected official is:
    14·2 answers
  • The following information is available for Sunland Company:
    7·1 answer
  • Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made with re
    15·1 answer
  • A _______ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses. potent
    8·1 answer
  • As part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated dep
    13·1 answer
  • Sam was injured in an accident, and the insurance company has offered him the choice of $49,000 per year for 15 years, with the
    6·1 answer
  • Suggest any 5 methods by which the condition of technical education can be improved ​
    15·1 answer
  • Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!