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]
3 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]3 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
Good Foods has net income of $82,490, total equity of $518,700, and total assets of $1,089,500. The dividend payout ratio is .30
dexar [7]

Answer:

5.6%

Explanation:

Internal growth rate can be calculated as below:

Internal growth rate = (Return on asset x Retention Rate)/[1 - (Return on asset x Retention Rate)]

Retention rate  = 1 - Payout ratio = 1 - 30% = 70%

Return on asset = Net income/Asset = 82,490/1,089,500 = 7.6%

Putting all the number together, we have:

Sustainable growth rate = (7.6% x 70%)/[1 - (7.6% x 70%)] = 5.6%

8 0
3 years ago
Product champions are critical during the period after a new venture project has been defined but before it has gained momentum
Molodets [167]
If i am correct then the answer should be true letter b.)
7 0
3 years ago
By using bootstrap marketing strategies (unconventional, low-cost, creative techniques) small companies can get as much "bang" f
Marat540 [252]

Answer:

The given statement relates to bootstrap marketing strategies

Explanation:

In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.

 This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.

8 0
3 years ago
Who is the best image retouching service provider?
yawa3891 [41]

Answer:

ligma

Explanation:

4 0
2 years ago
Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by _______ and _______.
blagie [28]

Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by Jason Jordan and Michelle Vazzana.

Explanation:

The cracking of the Sales Management Code addresses the realistic aspects of sales management in the new era and fills a gap. "Cracking the Sales Management Code fills this hole by providing basic information about the functioning of the sales force.

Improve sales by nullifying metrics which are relevant most, "sales may be an art, but sales management is a science. Crashing the Sales Management Code exposes research and offers practical steps to recognize benchmarks needed to succeed."

7 0
3 years ago
Other questions:
  • The per-unit standards for direct labor are 1.5 direct labor hours at $15 per hour. If in producing 2500 units, the actual direc
    15·1 answer
  • Tom and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of coffe
    10·1 answer
  • Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unempl
    7·1 answer
  • A company had the following partial list of account balances at year-endWhich of the following statements correctly describes th
    5·1 answer
  • Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the heal
    5·1 answer
  • The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers.
    7·1 answer
  • The following questions practice these skills:
    8·1 answer
  • Your parents will retire in 14 years. They currently have $290,000, and they think they will need $1 million at retirement. What
    7·1 answer
  • 11. Which of these is an example of an element of a research report
    9·1 answer
  • If your employer offers a retirement plan, it should be the first plan that you consider because your employer
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!