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
mars1129 [50]
4 years ago
6

Calculate the EOQ size for the following case. What is the EOQ size and the number of orders placed per year? For your answer, r

ound up the figures up to 0 decimal points. (size/number) The annual demand for the item is 2580 units. It costs $500 to place an order and costs $20 per item to carry it a year without passing it to the customer.
Business
1 answer:
andrey2020 [161]4 years ago
6 0

Answer:

EOQ = 359 units

Number of order placed =  7.2 times

Explanation:

<em>The Economic Order Quantity (EOG) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the ordering cost.</em>

<em>It is computed using he formulae below</em>

EOQ = √ (2× Co× D)/Ch

C0- 500, Ch- 20, D- 2,580

EOQ=  √ (2× 500× 2580)/20

        =359.16

EOQ = 359 units

Number of order place d per year = Annual demand / order size

Number of order placed = 2,580/ 359

                                        = 7.2 times

You might be interested in
Last year Attic charged $2,334,667 Depreciation on the Income Statement of Andrews. If early this year Attic purchased a new dep
olga nikolaevna [1]

Answer:

Note: The correct option is a. Increase Net Cash from operations.

Explanation:

Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering the question as follows:

a. Increase Net Cash from operations

b. Decrease Net Cash from operations on the Cash Flow Statement

c. No impact on Net Cash from operations

d. Just impact the Balance Sheet

The explanation of the answers is now provided as follows:

Since the assets was purchased early in the year, depreciation will be charged on it in the income statement for the year at the end of the year. Since depreciation is a non-cash item, it will added back to the net income in the indirect Cash Flow Statement method as one of the adjustments to the net income under the Cash from operations. This adding back of the depreciation will therefore lead to an Increase Net Cash from operations.

Therefore, the correct option is a. Increase Net Cash from operations.

6 0
3 years ago
The market for corn in Brazil has a large number of sellers and there is no difference in the products sold by each seller. As t
LenaWriter [7]

Answer:

Option (b) is correct.

Explanation:

In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.

If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.

There are some characterstics of the firms under pure competition market condition:

(i) They are selling homogeneous products.

(ii) Price taker firms

(iii) Large no. of buyers and sellers

 

8 0
3 years ago
A linear production possibilities curve indicates which of the following?
lilavasa [31]

Answer:

I think ur answers are A, B, and C.

Explanation:

Hope this helps!

6 0
2 years ago
Problem 9-52 Part-b (Static) b. $800 of interest on a short-term loan incurred in September and repaid in November. Half of the
bazaltina [42]

Answer:

After-tax cost $652

Explanation:

$652 = $800 [1 − (0.5 × 0.370)]. Half of the interest is not deductible because it was used to purchase tax-exempt securities.

4 0
3 years ago
Cart Vader is a new business venture aimed toward selling golf carts to be used as neighborhood recreational vehicles. The new C
storchak [24]

Answer:

d. perfect price discrimination.

Explanation:

According to my research on different pricing strategies, I can say that based on the information provided within the question the business owner is attempting to practice perfect price discrimination. This term refers to when a company charges different prices for each sale of the same product, usually charging the highest possible price and allowing room for negotiations. Which is exactly what Cart Vader is doing with it's golf carts.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Other questions:
  • The decisions you make at work typically have obvious answers.
    14·2 answers
  • What is protectionism
    12·2 answers
  • A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this eve
    15·1 answer
  • The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a.
    11·1 answer
  • Assume that the football team is set up as limited partnership. Lenny is the only general partner and Sarah and Sam are the only
    8·1 answer
  • S buys a $50,000 whole life policy with a 50,000 accidental death and dismemberment rider. S dies 1 year later of natural causes
    9·1 answer
  • Morgan Company issues 10%, 20-year bonds with a par value of $720,000 that pay interest semiannually. The current market rate is
    14·1 answer
  • You sold a car and accepted a note with the following cash flow stream as your payment. The effective price you received for the
    14·1 answer
  • New York City is the most-visited city in the world. <br><br> A. True <br> B. False
    7·1 answer
  • ABC reports income tax expense of $800,000. Income tax payable at the beginning and end of the year are $50,000 and $70,000, res
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!