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Setler [38]
3 years ago
9

A small factory produces toilet paper. The annual demand is 360,000 units, and the company produces toilet paper in batches. On

average, the company can produce 3,000 units a day during the production period. The cost to set up the production process is $100, and it costs the company $10 to carry 100 toilet paper units for one year. How many toilet paper units should the company produce in each batch? (Assume 360 days per year)
Business
1 answer:
Valentin [98]3 years ago
7 0

Answer:

26,833 units

Explanation:

Optimal production quantity is the quantity at which business incur minimum cost. This is the level of production per batch where the incur the lowest cost.

EOQ =  

C = Carrying cost = 10 / 100 = $0.1 per unit

S = Setup cost = $100

D =Annual Demand = 360,000

EOQ = \sqrt{ \frac{2 X S X D}{C} }

EOQ = \sqrt{ \frac{2 X 100 X 360000}{0.1} }

EOQ = 26,833 units

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Isolationism was a political policy that was undertaken by the United States of America. This caused them to be uninvolved in international affairs especially in Europe and in Asia.

Protectionism is a form of isolationism. It is aimed at protecting the home or the domestic country from foreign competition through the use of quotas, tariffs etc.

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8 0
3 years ago
Put the phrases in order from first to last to best illustrate the progression of a properly functioning loanable funds market.
aalyn [17]

Answer:

Following is the order from first to last

Explanation:

Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.

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4 years ago
Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did t
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The answer is<u> "C. gift tax".</u>


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7 0
4 years ago
Read 2 more answers
Point A on the PPC represents what
Igoryamba

Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.

3 0
3 years ago
February 1, 2018, Salisbury Company purchased land for the future factory location at a cost of $112,000. The dilapidated buildi
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Answer:

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Explanation:

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Cost of land = Land cost - Demolition dilapidated building - Legal fees - title search

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Cost of land = $108,350

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3 years ago
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