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Digiron [165]
3 years ago
9

Inventory Control and Planning Neilsen Cookie Company sells its assorted butter cookies in containers that have a net content of

1 lb. The estimated demand for the cookies is 1,200,000 1 lb containers. The setup cost for each production run is $490, and the manufacturing cost is $0.42 for each container of cookies. The cost of storing each container of cookies over the year is $0.5. Assuming uniformity of demand throughout the year and instantaneous production, how many containers of cookies should Neilsen produce per production run in order to minimize the production cost
Business
1 answer:
xenn [34]3 years ago
4 0

Answer:

 48,497.42  containers

Explanation:

<em>The economic order quantity (EOQ) is a model that is used to determine the optimum order size that minimizes the balance of carrying and ordering cost.</em>

T<em>his model can also be modified to determine the optimum batch quantity, that is the number of units to produced in a production run. The model is given below  </em>

EOQ = √2× Co× D/Ch

EOQ - economic production run, Co- set up cost per run, Ch- carrying cost per unit per year, D-  demand

EOQ = 2 √2× 490× 1,200,000/0.5

EOQ =  48,497.42  containers

Neilsen should produce  48,497.42  containers per production run in order to minimize the production cost

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Morgarella [4.7K]

Answer:

A. two balance sheets and B. income statement

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 and the loss on sale of assets is added whereas the gain on sale of assets is deducted  

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.

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3 years ago
Treasury stock that was purchased for $2,500 is sold for $3,000. As a result of these two transactions combined, a.income will b
Fantom [35]

Answer:

The stockholder's equity will be increased by $500

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While stockholders equity is the amount of assets available to shareholders after all liabilities have been settled , treasury stock is the stock that is bought back by the issuing organisation with the aim of reducing the number of outstanding stock in the open market.

Looking at the scenario given , it was an indirect way of raising fund and increasing the equity of the stockholders equity as the treasury stock was later resold at a higher price.

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4 0
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mojhsa [17]

Process of elimination:

Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility

Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company

Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.

Profit is not a particular characteristic, due to the risk factor.

Profit is the right answer :D

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Answer:

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An asymmetric information can be defined as a situation wherein there's an imperfect flow of information or knowledge between the buyer and the seller of a product; sellers having more knowledge than the buyer of a product.

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i feel either c or d but d is probably wrong because they would have asked you that at the interview and c could be right because they need your social security for taxes so C

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