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
Feliz [49]
3 years ago
13

The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemb

lies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year. What is the time between two consecutive orders (in days), in the situation when inventory costs are minimized for the XO-01
Business
1 answer:
ehidna [41]3 years ago
5 0

Answer:

6.25 days

Explanation:

In order to compute the time first we have to find out the economic order quantity and the total number of orders in a year which is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{8,000}\times \text{\$50}}{\text{\$20}}}

= 200 units

Now the total number of years in a year is

= Annual demand ÷ economic order quantity

= 8,000 ÷ 200 units

= 40 orders

And, the time between two consecutive orders is

= 1 ÷ 40 orders × 250 days

= 6.25 days

 

You might be interested in
Molly Madison received "The Employee of the Month" Award at Internal Workings Remodeling Service in April. Molly would be consid
Tems11 [23]

Answer: Internal environment

Explanation: The internal environment is made of the components inside the company comprising of existing workers, administration, atmosphere, tools, job procedures and mostly corporate culture which has the capacity of affecting the workers' attitudes and conclusions of the company. In this case, Molly Madison is considered a part of the internal environment of the internal workings as she received the award for employee of the month.

4 0
3 years ago
________ is defined as a business strategy where business buyers prefer to buy a complete solution to a problem from a single se
Lyrx [107]

Answer: Systems selling

Explanation:

 The system selling is one of the type of business strategy that helps in understanding the selling process by sell he various types of products an the services in the market in the interrelated manner rather than independently.

According to the given question, the system selling is the concept in which the business deliver the goods by using the interlocking and also consolidating the products from the supplier.

 Therefore, System selling is the correct answer.

6 0
3 years ago
Harrison Corp. wants to raise its level of service to enhance customer experience. The board of directors sent out an email cont
romanna [79]

Answer:

Downward communication

Explanation:

Downward communication in a formal structure is the flow of information in terms of orders, appreciation, encouragement from higher authority to subordinates across the organization.

Upward communication in the form of feedback and problems flow from lower level employees to upper level. Here, the board of directors are top level employees who have passed the message to the employees to raise the level of service. This is a form of downward communication.

4 0
3 years ago
59. A poultry rancher discovered that when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of h
oee [108]

Answer:

PED = -1.4 or |1.4| in absolute values, price elastic

Explanation:

the price elasticity of demand (PED) using the midpoint method:

PED = % change in quantity / % change in price

  • % change in quantity = {(Q 2 − Q1 ) / [(Q2 + Q1)/2]} x 100 = {(200 − 300 ) / [(200 + 300)/2]} x 100 =  -100 / 250 = -0.4
  • % change in price = {(P2 − P1 ) / [(P2 + P1)/2]} x 100 = {(1 − 0.75 ) / [(1 + 0.75)/2]} x 100 = 0.286

PED = -0.4 / 0.286 = -1.4 or |1.4| in absolute values

5 0
3 years ago
What determines the foreign exchange rate?
FromTheMoon [43]
What determines the foreign exchange rate?
A. The government
B. Small businesses
C. Market forces
D. Consumers
The answer is A the government
4 0
2 years ago
Read 2 more answers
Other questions:
  • You move 18% of your online checking account balance of $2,525 to your savings account. How much of your checking account did yo
    6·1 answer
  • Kelly, Lars, and Mona agree to be partners in Neighborhood Delivery Service (NDS), splitting the profits equally. Kelly contribu
    7·1 answer
  • Receiving the medal of honor and making the dean's list are both examples of ________. value contradictions folkways positive sa
    12·1 answer
  • the total estimated cost of attending a public year to year college is 2265. The cost of attending a college is expected to incr
    7·1 answer
  • Chelsea's house is for sale, and she is selling it through a real estate agent. The house is listed, and any licensed agent may
    10·1 answer
  • Falconer Company had net (after-tax) income last year of $14,107,956 and total capital employed of $131,869,720. Falconer's actu
    12·1 answer
  • Rise ’n Shine Bakeries is a nationwide chain that has plants located throughout the U.S. Top management at Rise ’n Shine believe
    13·1 answer
  • Brown & Smith, Inc. engages in the design, development, making, and retail selling of designer jewelry in North America. Bef
    15·1 answer
  • As a general rule what percentage of debt to gdp
    13·1 answer
  • A manufacturing division has $1,800,000 in average assets and income of $720,000. The company's target rate is 8%. The division'
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!