Answer:
EOQ = 220.6052281 shirts rounded off to 221 shirts
The order should be placed after every 110 days.
Explanation:
The EOQ or economic order quantity is the optimum order level or quantity which minimizes the inventory related costs. This is the order quantity where the cost of ordering and the cost of holding the inventory is the minimum. The formula for EOQ is,
EOQ = √(2 * AD * O) / H
Where,
- AD refers to annual demand
- O is ordering cost per order
- H is holding cost per unit per year
Annual demand for t shirts (assuming 365 days per year) = 2 * 365 = 730
Holding cost per unit per year = 0.5 * 12 = $6
EOQ = √(2 * 730 * 200) / 6
EOQ = 220.6052281 shirts rounded off to 221 shirts
To calculate how frequently the order should be placed,we will calculate the number of orders per year by dividing the total annual demand by the EOQ.
Number of orders per year = 730 / 220.61
Number of orders per year = 3.309 or 3.31 orders per year
Number of days per order = 365 / 3.309
Number of days per order = 110.305 days or 110 days
Investors find information about the financial condition of a municipal issuer in <u>D) the official statement</u>.
<h3>What is investor information></h3>
Investor information includes the facts, figures, and other disclosures about an entity that enables the investor to make investment decisions. Most investor information is disclosed in the three financial statements. These statements give details about the company's profitability, liquidity, leverage, including revenue, expenses, and the ability to meet its short-term and long-term financial obligations.
Thus, investor information is not found in the bond buyer, legal opinion, official sale notice but <u>the official statemen</u>t of the municipal issuer.
Lear more about investor information for decision-making here: brainly.com/question/2892259
Answer:
18.60%
Explanation:
Total labor force = $8 million + $35 million = $43 million
Unemployment Rate = (Unemployed/Labor force)*100
Unemployment Rate = $8 million/$43 million * 100
Unemployment Rate = 0.1860465 * 100
Unemployment Rate = 18.60%
Answer:
0.368
Explanation:
Price of B(0,13) = 1 / (1 + interest rate)^years
Price of B(0,13) = 1 / (1 + 8%)^13
Price of B(0,13) = 1 / (1+0.08)^13
Price of B(0,13) = 1 / (1.08)^13
Price of B(0,13) = 1 / 2.7196237
Price of B(0,13) = 0.3676979247
Price of B(0,13) = 0.368
