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
konstantin123 [22]
3 years ago
12

order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per ye

ar. The lead time is usually 12 working days. Determine the total carrying cost.
Business
2 answers:
CaHeK987 [17]3 years ago
8 0

Question:

The question is incomplete. See the complete question and the answer below:

An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly 1200 units. The ordering cost per order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per year The lead time is usually 12 working days.

Determine the total carrying cost.

Answer:

Total carrying  cost =$240

Explanation:

Given Data;

Annual demand (D) = 1200

Ordering cost (w) = $80

Per unit cost (cn) = $1.2

calculating the economic order quantity (EOQ) using the formula;

EOQ = √[(2Dw)/cn]

Where D = annual demand

w = ordering cost

cn = per unit cost

Substituting into the formula, we have

EOQ = √[(2*1200*80)/1.2]

EOQ = √(192,000/1.2)

         = √160000

         = 400 units

Number of orders = 1200/400

                              = 3 orders

Therefore,

Total carrying  cost = number of order * ordering cost

                                 = 3 * $80

                                  = $240

Galina-37 [17]3 years ago
4 0

Answer:

Total carrying cost is $240.

Explanation:

EOQ=√(2*D*Co)/Cn

EOQ= 400 units

Annual carrying cost= (EOQ/2)*Cn

=(400/2)*1.20

=$240

You might be interested in
Whats the number to 911?
neonofarm [45]

i dont know, it could really be any thing tbh

8 0
2 years ago
You are considering purchasing a new automobile that will cost you $28,000. The dealer offers you 4.9% APR financing for 60 mont
bija089 [108]

Answer:

so correct option is B) $527

Explanation:

given data

cost = $28,000

offer APR = 4.9 % = \frac{4.9}{12} = 0.0041

time = 60 months

finance the entire = $28,000

solution

we will apply here formula for calculate monthly payment  that is

= \frac{r(1+r)^t}{(1+r)^t -1}    ...........1

here r is rate that is 0.0041 and t is time that is 60 put here value we get

=  \frac{0.0041(1+0.0041)^{60}}{(1+0.0041)^{60} -1}

= 0.01883

so monthly payment is = 28000 × 0.01883

monthly payment is $527

so correct option is B) $527

6 0
3 years ago
Read 2 more answers
What is the immigration policy in the United States?
timofeeve [1]

Immigration to the United States is based upon the following principles: the reunification of families, admitting immigrants with skills that are valuable to the U.S. economy, protecting refugees, and promoting diversity.

3 0
3 years ago
Read 2 more answers
The NFL Trust is responsible for which of the following activities? A. Ownership of all team logos and trademarks. B. Oversight
lana [24]

Answer:

The correct answer is the option D: All of these are correct.

Explanation:

On the one hand, a "trust" is known in the economics and business field as the partnership between two or more companies that produce in the same industry and therefore that the main objective of this new agreement among the partners is to increase the market area or to take more advantage by working together, increasing both parties revenues.

On the other hand, the NFL trust is known to dominate the market of the football league in all its aspects, including all the teams logos and trademarks as well as the organization of the league's properties rights and the distribution of revenue for those concepts.

4 0
3 years ago
________ staffing policy can be expensive to implement because training and relocation costs increase when transferring managers
BlackZzzverrR [31]

Answer:

The correct answer is A geocentric.

Explanation:

According to Simon L. Dolan in his book "Human Resource Management", there are four approaches to international human resource management:

  • Ethnocentric approach: According to this, the headquarters controls the human resources activities, and it is the expatriates from the country of origin who run the subsidiaries.
  • Polycentric approach: Each country is treated as an independent entity, in which some decisions are made locally.
  • Regiocentric approach: staff can be promoted within a region, but usually never to headquarters.
  • Geocentric approach: A transnational philosophy is adopted, seeking personnel with the highest qualification regardless of their nationality.

The process of expatriation of employees constitutes one of the greatest challenges that the organization faces throughout the process.

8 0
3 years ago
Other questions:
  • Local companies have expressed their enthusiasm about hiring UCF graduates who are able to sustain effort and interest in long t
    14·1 answer
  • Question 18 5 out of 5 points china australia steel (tons) cars steel (tons) cars 630 0 1120 0 600 700 900 300 400 1200 600 500
    13·1 answer
  • Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other genera
    7·1 answer
  • In November 2006, Citigroup's stock (NYSE: C) was trading at $49.59. Following the credit crisis of 2007-2008 and by the end of
    10·1 answer
  • Chris purchased a 10 year 100 par value bond where 6% coupons are paid semiannually. Cheryl purchased a 100 par value bond where
    11·1 answer
  • A sixminusmonthnote receivable for $ 9 comma 000at 14​%,dated October​ 1, 2020, has accrued interest revenue of​ ________ as of
    8·1 answer
  • Economists group commercial​ banks, savings and loan​ associations, credit​ unions, mutual​ funds, mutual savings​ banks, insura
    5·1 answer
  • Saltdust Grill is known as the premier restaurant in town. With its elegant dining area, extensive wine list, and gourmet chef,
    8·1 answer
  • On June 25, Ritts Roofing extended an offer of $250,000 for land that had been priced for sale at $300,000. On July 9, Ritts acc
    10·1 answer
  • Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!