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natita [175]
3 years ago
11

An office manager uses 500 boxes of file folders per year. The price is $8.50 per box for an order size Q <= 200, $8.00 per b

ox for orders of 200 < Q < 800, and $7.50 per box for an order size Q >= 800. Carrying cost is 20 percent of the price of the product. Ordering costs are $150 and all the boxes in an order will be delivered at once. What is the price at the optimal order quantity that minimizes total annual cost?
Business
1 answer:
Serhud [2]3 years ago
7 0

Answer:

The correct  answer is 8 $ per box

Explanation:

Solution

Given that:

Let EOQ = √(2*D*S/H) = √(2*500*150/0.2*P)

(a) Let P = 8.5 $/box

Then,

EOQ = √(2*500*150/0.2*8.5) = 297 boxes

Thus,

No feasible as P = 8.5 $/box when Q<=200

(b). Let P = 8 $/box

Thus,

EOQ = SQRT(2*500*150/0.2*8) = 306 boxes (approx)

This  quantity is right as it falls between 200 and 800.

Therefore the price at the optimal order quantity that minimizes total annual cost is  8 $/box

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Kaitlyn purchased one share of Northwest Energy stock for $200; one year later she sold that share for $400. The inflation rate
Law Incorporation [45]

Answer:

The tax on Kaitlyn's capital gain was $100

Explanation:

In order to calculate the tax on Kaitlyn's capital gain we would have to calculate first the Nominal capital gain as follows:

nominal capital gain=$400 - $200

nominal capital gain= $200

Therefore,  tax on Kaitlyn's capital gain= tax percentage×nominal capital gain

                                                                =50%×$200

                                                                =$100

The tax on Kaitlyn's capital gain was $100

6 0
3 years ago
Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year:
Zarrin [17]

Answer:

the total overhead cost is $1,560

Explanation:

The computation of the total overhead cost for product X is given below:

Setup cost = 40,000 ÷ 200 × 4 = 800

Ordering cost  = 20,000 ÷ 1,000 × 8 = 160

Maintenance cost  = 50,000 ÷ 5,000 × 50 = 500

Power = 10,000 ÷ 10,000 × 100 = 100

Hence, the total overhead cost is $1,560

6 0
3 years ago
Which health/safety law requires continued health insurance coverage (paid by employee) following termination?
Aleks04 [339]

Consolidated Omnibus Budget Reconciliation Act (COBRA) is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

<h3>What is COBRA?</h3>

It is a federal health/safety law, passed in 1985, that allows workers after termination the right to stay in the same health insurance plan they previously had.

It seeks for workers and their families to continue their employer-sponsored “job” insurance if that insurance would end due to job loss or divorce or death in the family.

Therefore, we can conclude that COBRA is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

Learn more about Consolidated Omnibus Budget Reconciliation Act here: brainly.com/question/8891400

3 0
2 years ago
If an individual risk affecting a work package is agreed to be minor in a brainstorming meeting, the BEST course of action might
sesenic [268]

Accept it

Answer: Option A.

<u>Explanation:</u>

If the individual risk affecting is minor in the meeting, then it should be accepted. Because lesser the risk related to a particular system more are the chances of growth and development of that process and the success of the process.

Less the factors of risk, more are the chances that the objectives for which the process was started would be accepted and achieved. This means that it should be accepted.

5 0
3 years ago
Consider the short run and the long run and then choose the statement that is correct.
Nikitich [7]

Answer:

The correct statement is:

A. In the short run, other things remaining the same, a given percentage change in the quantity of money brings an equal percentage change in the price level.

Explanation:

This economic situation is due to the market forces of demand and supply.  Therefore, when the interest rate rises, if everything else remains equal, the opportunity cost of holding money rises.  At the same time, the quantity of money demanded in the market decreases.

4 0
3 years ago
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