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Lilit [14]
3 years ago
5

The heat sinks needed are bought for $14 each and are ordered in quantities of 1200 units. Annual demand is 6200 heat sinks, the

annual inventory holding cost rate is $2 per unit, and the cost to place an order is estimated to be $60. Calculate the following: (18 points-3 points each) 12) Economic order quantity (EOQ)= 13) Average inventory level= 14) The number of orders placed per year= 15) The total annual inventory holding cost= 16) The total annual ordering cost= 17) The total annual cost=
Business
1 answer:
Harman [31]3 years ago
3 0

Answer:

EOQ 610

orders throughout the year 10.16

holding cost   $    610

ordering cost $   636,6‬

Explanation:

Q_{opt} = \sqrt{\frac{2DS}{H}}

D = annual demand = 6,200

S= setup cost = ordering cost = 60

H= Holding Cost = 2.00

Economic Order Quantity = 609.9180273

Order placed throughout the year:

demand / EOQ

6,200 / 610 = 10.16

Average Inventory (EOQ / 2) x holding cost

610 / 2 x $2   = $  610

Ordering cost: 10.16 x 60 = 636,6‬

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demand and marginal revenue curves are downward-sloping for monopolistically competitive firms because
Brrunno [24]

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.

<h3>What is product differentiation?</h3>

Product differentiation  can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.

A monopolistic competitive firms can tend to  face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.

Therefore the correct option is A.

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The complete question is:

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...

a)product differentiation allows each firm some degree of monopoly power

b)there are a few large firms in the industry and they each act as a monopolist

c)mutual interdependence among all firms in the industry leads to collusion

d)each firm has to take the market price as given

6 0
1 year ago
Which of the following represents the three general categories into which the key components of effective teams are grouped?A) i
Nataly [62]

Answer: The statement "D) context, composition, and process factors" represents the three general categories into which the key components of effective teams are grouped.

Explanation: Context: obtaining adequate resources, effective leadership, a climate in which confidence abounds and performance control and rewards that demonstrate the contributions of the team are the factors of the context that are related to the operation of the team.

Composition: These are the variables that are taken into account when establishing the way in which the equipment should be integrated. The capacity and personality of the members, the size of the group, the roles and the flexibility of the working group are taken into account.

The factors of the process are the effectiveness of the team, conflicts at a manageable level, the commitment of each participant in the group for a common purpose and set goals for the team.

7 0
3 years ago
A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos
lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000

Unadjusted cost,

= $1,690,000

Now,

The overapplied overhead will be:

= Applied \ overhead-Actual \ overhead

= 666,250-650,000

= 16,250 ($)

hence,

The goods sold's adjusted cost will be:

= Unadjusted \ cost-Overapplied \ overhead

= 1,690,000-16,250

= 1,673,750 ($)

8 0
3 years ago
When is it not necessary to build a new market supply schedule?
AVprozaik [17]
The question is asking to states when is it not necessary to build a new market supply schedule and base on my research and further understanding, I would say that the answer would be when there's no demand or when there's a huge surplus. I hope you are satisfied with my answer and feel free to ask for more 
7 0
3 years ago
Planned sales for June this year are $120,000. Last year, the actual sales for June were $110,000. Determine the planned percent
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Given that the planned sales for June this year are $120,000 and that last year's actual sales for the month of June were $110,000, there is a 9.09% increase in sales for the month.

The actual increase in sales is $10,000 ($120,000 - $110,000) or ($110,000 x 1.0909 - $110,000)

Data and Calculations:

Planned sales for June, this year = $120,000

Actual sales for June,last year = $110,000

Planned percent increase in sales for June = 9.09% ($10,000/$110,000 x 100)

Thus, the planned percentage increase in sales for the month is 9.09%.

Learn more: brainly.com/question/17194869

6 0
3 years ago
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