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cluponka [151]
3 years ago
9

M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and

other home appliances. One of the components has an annual demand of 250 ​units, and this is constant throughout the year. Carrying cost is estimated to be ​$0.50 per unit per​ year, and the ordering​ (setup) cost is ​$19 per order. ​a) To minimize​ cost, how many units should be ordered each time an order is​ placed? nothing units ​(round your response to two decimal​ places).
Business
1 answer:
Molodets [167]3 years ago
5 0

Answer:

The quanitity per order that minimizes the cost is 137.84 units.

Explanation:

The EOQ or economic order quantity is the quantity that should be ordered per order to minimize the cost of ordering and holding inventory. To calculate the number of units that should be ordered per order to minimize cost, we need to calculate the EOQ.

EOQ = √(2*D*O)/H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding/carrying cost per unit per annum

Thus,

EOQ = √(2 * 250 * 19)/0.5

EOQ = 137.84  

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Answer:

B. False

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Alfred Chandler believed that strategy is given and therefore, even before coming up

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That is exactly why, after coming up with functional structures, market strategists employ the already existing strategy.

Alfred Chandler showed how firms developed over time in three steps:

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2. Establishment of functional structures to increase efficiency;

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3 years ago
ABD Tech has invested $20 million to install business intelligence software (BIS) at all of its branches across the globe so tha
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Answer:

The correct answer is letter "B": processing cost.

Explanation:

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3 0
3 years ago
Carr Company produces a single product. Last year, Carr manufactured 27,120 units and sold 21,800 units. Production costs for th
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The direct labor is a variable cost.Under absorption costing, the ending inventory for the year would be valued 199500

Explanation:

product per unit = Total cost /number of units produced

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= 1017000/ 27120

product per unit = $ 37.5 per car

Ending inventory = (27120- 21800) *37.5

= 5320 *37.5

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8 0
3 years ago
In a free market economy, the market, not the
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In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
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3 years ago
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Jaguar has full manufacturing costs of their Sminustype sedan of pound​22,803. They sell the Sminustype in the UK with a​ 20% ma
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Answer:

Explanation:

Old Price         27363

Exchange Rate 2.01

USD Value         55000

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No currency hedge contract has been made by jaguar, in such case due to appreciation of pound the value of dollar will decrease but due to commitment by jaguar not to fluctuate the cost the total amount receivable in pounds will decrease as compared to 6 months before

USD Value         55000

Exchange Rate  2.15

Price in Pounds      25581

Decrease in pounds = 27363-25581 = 1782 loss

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3 years ago
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