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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Doc's ribhouse had beginning equity of $52,000; net income of $35,000, and dividends by the company of $12,000. calculate the en

Svetradugi [14.3K]

Doc's ribhouse beginning equity = $52,000
Net income = $35,000
dividends by the company = $12,000
Ending equity = ?
we can calculate ending equity by using this formula:
Beginning Equity + Net Income - Dividends = Ending Equity
now by putting the values we get
$52,000 + $35,000 - $12000 = Ending equity
Ending equity = $52,000 + $23,000
= $75,000
so, $75,000 is the ending equity.

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