Answer:
The company should order 100 units to minimize total inventory cost.
Explanation:
Given,
Annual Demand, D = 2,000 units
Order cost, S = $20
Purchase cost = $40
Holding cost, H = Purchase cost x percentage of holding cost
Holding cost = $40 × 20%
Holding cost = $8
We know, the company should order the highest number of products with a minimum cost, and for that, the company uses economic order quantity. Hence,
Economic Order Quantity (EOQ) =
EOQ =
EOQ =
EOQ = 100
Answer: b.$5,146.00
Explanation:
Social security tax rate is 6.20%, you would multiply $83,000 by 0.062 to get a total of $5,146
During the product adjustment, you made several changes to the product in order to obtain more customer satisfaction so you will keep them as loyal customers.
After making the adjustment, the thing that you should do is inform the brand new features of the product so the potential customers become aware of it.
Answer:
A - Increase the ratio of currency to deposits
Explanation:
when banks are failing people will start having doubts about the banks resulting in not trusting their operations.This occurence will make people keep their monies