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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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A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the
GarryVolchara [31]

Answer:

The team earns $405 in revenue for each game and $2430 revenue each season. With total costs of $3300 each season, the team finishes the season with $ -870 of profit

Explanation:

TEAM EARNS $ 10 FOR EACH TICKET AND 30 PEOPLE ATTEND A GAME AND SPEND $7 ON CONCESSION STAND BUT TEAM RECEIVE ONLY $ 3.5 OUT OF THIS SO

PER CUSTOMER REVENUE OF TEAM= $13.5

TOTAL REVENUE PER GAME = 13.5 * 30= $405

FOR A SEASON OF 6 GAMES, TOTAL REVENUE= 405* 6=$2430

PROFIT = REVENUE- COST= 2430- 3300 = -870 $

THAT MEANS LOSS OF 870 $

The team earns $405 in revenue for each game and $2430 revenue each season. With total costs of $..3300...... each season, the team finishes the season with $ -870 of profit or loss of $870

8 0
3 years ago
The Changing Workforce The composition of the modern labor force is changing rapidly. Increasing diversity in race, ethnicity, a
Ipatiy [6.2K]

Answer:

e. more women are in the paid labor force than in the past

Explanation:

The labor force is also known as the work force. It is defined as the labor pool that is either in the employment or the unemployed. It generally describes those people who are working for an organization.

The workforce today is changing and is different from the early days. The modern labor force is rapidly changing. There is a huge challenge for the HR professionals as there is increase in the diversity of race, gender, ethnicity , age distribution and the requirement of skills. Now-a-days more and more women are engaged in the paid labor force as compared to the early days. More women are learned and skilled and work under a paid labor force. They have shown success in many fields and are sometimes better performer than men.

Thus now more women are in the paid labor force when compared to the past.

6 0
2 years ago
A study of college graduates involves three variables: income level, job satisfaction, and one-way commute times to work. List s
pickupchik [31]

Answer:

One-way commute times may be long because affordable housing is distant from the job.

A working spouse could affect all three variables.

People might be very satisfied with their career as long as the income is high.

People may have a career following their passion, but have a low income or a long commute.

Explanation:

As we know that the study in college for graduation generally includes the three types of variables i.e. level of the income, job satisfaction and the one way commute

Now there are some ways that may be cofounded such as the one way commute could belong as if the house is far from the job, for the working spouse the above three variables could be impacted, when the income of the people are high they feel very satisfied and they follow their passion but they have the low income or long commute travelled at the same time

7 0
3 years ago
If the prepaid rent account before adjustment at the end of the month has a debit balance of $2,800, representing a payment made
vampirchik [111]

Answer:

$2,100

Explanation:

Data provided in the question

Prepaid rent account before adjustment at the end of the month = $2,800

And, the monthly rent is $700

So, the amount of prepaid rent after adjustment is

= Prepaid rent account before adjustment at the end of the month - the monthly rent

= $2,800 - $700

= $2,100

Basically we deduct the monthly rent from the prepaid rent balance before adjustment

7 0
3 years ago
Barney owns a lot valued at $84,000. he purchases an adjoining lot for $66,000 and merges the two properties. the current apprai
bezimeni [28]

The freshly developed lot currently has a $177,500 appraised value. as an illustration: plottage

Plottage is the increase in value obtained by joining two or more neighboring pieces of land into one bigger tract. Assemblage describes the procedure of bringing the parcels together. In most cases, the total value of a parcel will be more than the sum of its smaller parts.

What does plottage increment mean?

The value added by fusing the lots is referred to as plottage increment. As an illustration, Steve is the owner of two adjacent plots. It costs $40,000 for each one. The overall valuation has increased by $10,000 and is now $90,000 when consolidated into a single property.

To know more about Plottage

brainly.com/question/18681949

#SPJ4

6 0
2 years ago
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