Answer:
Order cycle time = 28.85 days
Explanation:
<em>The Economic Order Quantity (EOQ</em>) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using he formula below
EOQ = √ (2× Co× D)/Ch
Co- ordering cost, Ch- Holding cost per unit per annum
D- Annual demand,
EOQ - Economic order qunatity
Co-125. Ch- 2.50, D- 40,000
EOQ= √ (2× 125× 40,000)/2.5
EOQ = 3,162.27
The cycle time = order quantity/annual demand× 365 days
= 28.85 days
Answer:
Stock out costs increase
Carrying costs decrease
Explanation:
Just in time (JIT) decreases total inventory and increases the number of deliveries made by the company's vendors.
Since the company is going to hold fewer materials and components, then the risk of an stock out increases, resulting in higher stock out costs.
The total inventory will decrease, therefore, the carrying costs will also decrease.
Answer:
Implies that aggregate demand shifts have no impact on output.
Explanation:
-Address with formal name
-Times New Roman font
-End letter with
-no longer than three paragraphs
- use block format
Answer:
The correct answer is letter "D": Net price is how much college will cost you after scholarships and grants have been deducted.
Explanation:
There are two prices when talking about college expenses. The sticker price is the price that the school lists in different media and brochures of the estimated expenses for studying the career. On the other hand, the net price is the real expense the student ends up paying after financial aid, grants, and scholarships.
