Answer:
139 units
Explanation:
In order to compute the number of orders place each year so that it can minimize the total inventory cost we need to use the economic order quantity formula i.e shown below:
The computation of the economic order quantity is shown below:
where,
Annual demand = 80,000 cases
Ordering cost = $12
And, the carrying cost = $100
Now placing these values to the above formula
So, the economic order quantity is
= 139 units
Answer:
The correct answer will be "$620".
Explanation:
It is important to note that certain principles are involved in the process of streamlining business processes, including:
The lowest cost will be:
=
=
= ($)
Roman may buy 23 tomato and 9 radish, for the school garden.
<h3><u>Calculation:</u></h3>
Let (r) represent the cost of one packet of radish seeds, and
Let (t) represent the cost of one packet of tomato seeds.
Amount spent by roman = $62.75
It denotes that;
Roman bought 32 packets of seeds and one packet of radish seeds costs = $ 1.75.
One packet of tomato seeds costs = $ 2.50.
It denotes that,
Substitute t=9 , and r= 23, we have
In eq. 1
In eq.2
Here, both the equations are satisfied, therefore, option [C] is correct.
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