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USPshnik [31]
3 years ago
15

If you borrowed $5,000 for four years, that would be a

Business
1 answer:
lukranit [14]3 years ago
3 0
The answer is the second one “Long-term loan”
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"tractor is a modern tool of agriculture".justify this statement with suitable example​
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Sarah’s Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 90
Nuetrik [128]

Answer:

$1905

Explanation:

Here we will have to calculate Economic Order Quantity to lower the ordering ordering and holding cost as much as we can. So here we will use the following formula to calculate the best number of units that we should order, which is as under:

Economic Order Quantity = SquareRoot (2 * Annual Demand * ordering cost per order / Holding cost per unit per year)

Here

Annual Demand = 900kg of palm oil per day  * 52 weeks *  5 day a week / 7

Annual Demand = 900 * 52 * 5 / 7 = 33,429

And

Ordering cost per order = $57 per order

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Economic Order Quantity = 1905 kgs

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