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
SVEN [57.7K]
3 years ago
8

Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste

m to manage inventory of this standard muffler. Annual demand 4,700 mufflers Ordering cost $ 60 per order Standard deviation of daily demand 5 mufflers per working day Service probability 90 % Item cost $ 25 per muffler Lead time 3 working days Annual holding cost 20 % of item value Working days 300 per year Use the above information to determine the best order size and the reorder point: (Use Excel's NORMSINV() function to find the correct critical value for the given α-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.) Best order size mufflers Reorder point mufflers
Business
1 answer:
GarryVolchara [31]3 years ago
4 0

Answer:

Following is the solution for the given problem.

Explanation:

Best order size, EOQ =√2DS/H

EOQ = √2*4700*60/5

EOQ = 336 units.

D = 4700/300 = 15.66.

σ L= √∑σ²

= √3*(5)² = 8.66.

Reorder point, R = D*L+ z σ L

Reorder point, R = 15.66*3 + 1.282*8.66

Reorder point, R = 58 units.

You might be interested in
Margie is 15 and claimed as a dependent by her parents. she has $800 in dividends income and $1,400 in wages from a part-time jo
Vinil7 [7]
Under United States tax law, the standard deduction is a dollar quantity that non-itemizers may deduct from their income before income tax is applied. Taxpayers may select either itemized deductions or the standard deduction, either outcomes in the lesser amount of tax payable. The standard deduction is accessible to US citizens and aliens who are occupant for tax purposes and who are individuals, married persons, and heads of household. When filing her own tax return, Margie is limited to the greater of $1,050 or $1,750, it is solved by the sum of the earned income for the year plus $350.So the answer is $1,400 + $350 = $1,750
6 0
3 years ago
The project managers for TechBooks are demonstrating to the marketing team the new features of the site that deliver personalize
uranmaximum [27]
It delivers a relevant landing page
3 0
3 years ago
In 2020, Lindon Corp. reported a discontinued operations loss of $1,300,000, net of tax. It declared and paid preferred stock di
8_murik_8 [283]

Answer:

The earnings per share would drop by -$2.17 per share

Explanation:

Firstly the EPS =LOSS/TOTAL SHAREHOLDING

In this ,=-$1300000/600000shares

In other words the EPS for the previous year when compared to the current would see a drop in value per unit of share of $2.17

6 0
3 years ago
The cashier for Bell Buoy rang up sales totaling $5,104, but had $5,120 to deposit, which journal entry would be recorded? Multi
alexandr402 [8]

Answer:

A debit to Cash for $5,120, a credit to Cash Overage for $16, and a credit to Sales Revenue for $5,104.

Explanation:

In the current situation, the cash received is in excess of revenue recorded, thus, there will be cash overage.

As per books cash shall be $5,104 but since actual cash is $5,120 there is cash overage of $16

Therefore, for this, actual cash received shall be debited = $1,520

Cash overage shall be credited for $16

And accordingly sales of $5,104 shall be recorded as a credit.

Thus, correct option is: Entry A

3 0
3 years ago
Cadets at West Point spend time during the summer learning about the branches of the Army like aviation, infantry, ordnance, fin
vovikov84 [41]

Answer:

b. rotation

Explanation:

  • correct answer is rotation because Job rotation is a management approach where employees are regularly moved between two or more tasks or jobs to expose them to all work areas of the company.
  • This is a pre-planned approach aimed at testing the skills and capabilities of employees so that they can be implemented. In addition, it reduces the change of job and gives them a broader experience and helps them gain more insight.
  • Job rotation is a well-planned exercise to reduce boredom and learn the employee's hidden ability to do the same thing. This process is useful for management and employees
8 0
3 years ago
Other questions:
  • The level of service exports worldwide increased more than _______ between 1980 and 2010
    14·1 answer
  • inancial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 Net income
    13·1 answer
  • An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l
    12·1 answer
  • Which of the following is an unintended consequence of the rise of the primary and caucus system? Question 3 options:
    10·1 answer
  • Cameron is going to receive an annuity for 44 years of $27,833, and Kennedy is going to receive a perpetuity of that same amount
    9·1 answer
  • Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Busines
    5·1 answer
  • The present value of an ordinary annuity is:
    11·1 answer
  • Mott Company purchases a machine from Janelle Company. Installation of the machine requires specialized knowledge that Mott Comp
    12·1 answer
  • Select the answer that best describes what happens when shareholders receive a series of distributions, not part of an installme
    14·1 answer
  • The principal-agent problem arises when ________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!