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kifflom [539]
4 years ago
8

HighLife Corporation has the following information: Average demand = 30 units per day Average lead time = 40 days Item unit cost

= $45 for orders of less than 400 units Item unit cost = $40 for orders of 400 units or more Ordering cost = $50 Inventory carrying cost = 15 percent The business year is 300 days. Standard deviation of demand during lead time = 90 Desired service level = 95 percent What is the EOQ if HighLife pays $45/unit? Due to possible differences in rounding, choose the closest answer.\
Business
1 answer:
Stella [2.4K]4 years ago
5 0

Answer:

365.15 units

Explanation:

The computation of the economic order quantity is shown below:

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

where,

Annual demand is

= 30 units × 300 days

= 90,000 units

ordering cost is $50

Carrying cost is

= $45 × 15%

= $6.75

Now placing these values to the above formula

So, the economic order quantity is

= \sqrt{\frac{2\times \text{90,000}\times \text{\$50}}{\text{\$6.75}}}

= 365.15 units

We simply applied the above formula so that the EOQ could come

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Answer:

Answer

Explanation:

The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects. The company is constrained from embarking on all projects by the number of available management scientists (40) and the budget available for R&D projects (S300,000). Further, if project 2 is selected, project 5 must also be selected (but not vice versa). Following are the resources requirement and the estimated profit for each project.

Project Expense Management Estimated Profit

($1,000s) Scientists required (1,000,000s)

1 50 6 0.30

2 105 8 0.85

3 56 9 0.20

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5 90 7 0.50

6 80 5 0.45

7 78 8 0.55

8 60 5 0.40

Formulate the integer programming model for this problem and solve it using the computer.

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3 years ago
The senior management at Red Marble Media Inc. wants to ensure that its career development and advancement programs are effectiv
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3 years ago
What is the danger of having a lot of debt?<br> (brainlyest)
ArbitrLikvidat [17]

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Read 2 more answers
The LaPann Corporation has obtained the following sales forecast data: July August September October Cash sales $ 80,000 $ 70,00
Alika [10]

Answer:

1. 166,000

2. 188,000

Explanation:

The budgeted accounts receivable balance on September 30  and Budgeted cash receipts for october n be calculated as follows

July

Opening                          -

Credit sales                 240,000

Collection

20% of July                 48,000

Closing                      192,000

August

Opening                       192,000

Credit sales                 220,000

Total                             412,000

Collection

20% of August             44,000

70% of July                  168,000

Total receipts              208,000

Closing                         200,000

September

Opening                         200,000

Credit sales                    180,000

Total                               380,000

Collection

20% of september          36,000

70% of august                  154,000

10% of july                        24,000

Total receipts                  214,000

Closing                             166,000

October

Opening                         166,000

Credit sales                   200,000

Total                               366,000

Collection

20% of October               40,000

70% of september           126,000

10% of august                   22,000

Total receipt                     188,000

Closing                             178,000

8 0
3 years ago
During 2022, Oriole Company sold equipment with a book value of $158400 for proceeds of $191400. The company purchased new equip
kramer

Answer:

Cash Inflow of $191,400

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

In the given case, the sale proceed of equipment is consider in the investing activity i.e $191,400

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4 years ago
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