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dedylja [7]
4 years ago
13

You are the purchasing manager and you buy a raw material having the following information: Annual demand = 900 units Fixed orde

r quantity = 260 units Order cost = $100 / order Inventory carrying cost = 25% Per unit purchase cost = $10 / unit Safety stock = 30 On average, what is the dollar value of inventory that you will have for this material?
Business
1 answer:
alex41 [277]4 years ago
7 0

Answer:

=2983.25

Explanation:

In calculating the inventory on raw materials you will have to Add together the original value of raw materials, the works in progress if any and finished goods to get starting total inventory.

The solution to the question can be calculated like this:

EOQ=\sqrt{2* 900 * 100/2.5}

EOQ=268.328

EOQ+SAFETY STOCK=268.328+30

=298.325

VALUE=298.325*10

=2983.25

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stira [4]

yes a target market often includes more than one market segment.

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The target market mostly comprises of consumers who shows similar traits(such as age,location,income or lifestyle) and are considered most probable to buy a buisness’s market offerings or are probable to be the most gainable section for the buisness to service.

THUS MARKET INCLUDES MORE THAN ONE SEGMENT

8 0
3 years ago
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olga nikolaevna [1]

Answer:

A) the law does not codify all ethical requirements.

Explanation:

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3 years ago
En donde se va a desempeñar esa profecion de "medico" ​
IrinaK [193]
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5 0
3 years ago
Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost
ANTONII [103]

In class 2 ., The Model D is the Top/ favorite one having highest market return (24%) with lowest inventory cost ($79)

Explanation:

To Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. simply we should calculate the profit margin for each category

Profit margin =  (market value - cost price) = Profit ÷ cost price × 100

Class 1:

Model A

46 $116 $139  

Profit margin = (139 - 116) = 23  ÷ 116 × 100 = 19.32%

Model B

49 243 239

Profit margin =  (239 - 243)= -4 ÷ 243 × 100 = - 1.65% (loss)

Model C

43 233 252

Profit margin =   (252 - 233) = 19 ÷ 233 × 100 =  8.15%

Class 2:

Model D

37 79 98

Profit margin =  (98 - 79) = 19 ÷ 79 × 100 =  24%

Model E

6 151 130

Profit margin =  (130 - 151) = - 21 ÷ 79 × 100 = -13.91 % (loss)

Result

In class 1

Model A is preferable., It has the lowest inventory value and has highest market value (Returns) at 19.82%

In class 2

Model D is preferable., It has the lowest inventory value and has highest market value (Returns) at 24%

Overall the Model D is the Top/ favorite one having highest market return with lowest inventory cost

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Make a list of things that should be considered while managing a factory or an industry
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