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Marina CMI [18]
3 years ago
14

The difference between the basic EOQ model and the production order quantity model is that

Business
1 answer:
Svetradugi [14.3K]3 years ago
7 0

Answer:

C. the production order quantity model does not require the assumption of instantaneous delivery.

Explanation:

EOQ refers to Economic Order Quantity method, this method particularly aims at 0 extra inventory in hand and keeping the total inventory in hand which is needed and then there is n assumption that the goods shall be delivered instantly.

Under the production order quantity model the model is made to calculate the quantity to be ordered for meeting the demand of production units.

This aims at the minimum order quantity to be delivered to meet the production needs.

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Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of
Aleksandr [31]

Answer:

The cost of the equipment is <u>$45,416</u>.

Explanation:

The cost of a newly purchased equipment is the addition of all relevant costs uncured in order to make the equipment ready for use.

The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

Freight charges = $624

Installation costs = $696.

Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is <u>$45,416</u>.

5 0
3 years ago
An increase in aggregate demand has what outcome on price level and output with respect to long-run equilibrium?
DedPeter [7]

Answer:

real GDP will remain the same and price level will increase

Explanation:

4 0
3 years ago
Read 2 more answers
Which marketing objective was used because the Fruit Bowls were new to the market?
alexandr1967 [171]
Dole's marketing tactic is the Concept Review.All promotion movements are planned to inform, encourage, or remind consumers about a product, category, or company. Advertisements can be used to excite request for a certain category or industry, or for a definite brand, item, or firm. To establish an effective campaign, the firm desires to classify its target market, set advertising concepts, describe its product, assess and select media, produce the ad, and evaluate the ad's impact. 
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2 years ago
Which of the following activities are typically included in a project kick-off meeting? ​
ASHA 777 [7]

Answer:

b. The project manager outlines the project goals

Explanation:

As the name suggests, a project kick off meeting refers to the first and foremost meeting between project manager and his team and the clients of a project when commencing a new project.

The purpose behind such a meeting is to familiarize the project team, make them better understand the project and it's requirements and agreeing upon a plan of work together to accomplish the task.

Following steps would be noteworthy for conducting an effective project kick off meeting:

  • The project manager prepares his team and outlines and conveys the project goals to the team members and how they are to be attained.
  • Beginning the project client relationship on a good note and gaining client's support.
  • Putting one's best efforts with a systematic planned approach for the project kick off client meeting.

7 0
3 years ago
The step in the career management process in which employees receive information about thier skills and knowledge and where thes
Liono4ka [1.6K]
Answer:  "feedback" .
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