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pentagon [3]
3 years ago
12

Cool Gelato uses various sizes of foam cups. The use of 8oz foam cups is constant throughout the year, and Cool Gelato expects t

o use a total of 35,000 units of 8oz cups in 2017. The cost of ordering and receiving the foam cups from the supplier is $25, regardless of how many is ordered. It takes 3 days for the supplier to deliver the foam cups to Cool Gelato each time without variability. Cool Gelato pays $.50 per cup and estimates its annual holding cost to be 25% of its wholesale value. Cool Gelato will operate 350 days in 2017. Answer the following questionsa. What is the economic order quantity for the 8oz foam cups? The EOQ should be an integer value. b. How many times does Cool Gelato need to place orders in 2017 if they use the EOQ? c. How much inventory does Cool Gelato need to hold on average if they use the EOQ? d. How much would the total annual cost for the 8oz cups be if they use the EOQ? e. What is the reorder point (ROP)?

Business
1 answer:
ruslelena [56]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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William won the company contest to devise the most innovative ways to market the company's products. William suggested 40 differ
sergiy2304 [10]

Answer:

creative

Explanation:

Creative intelligence is what we generally call creativity, or the ability to create new things or come up with new ideas. Creative intelligence relies on the imagination of the people, being to able to see something different where everyone else sees the same thing. Creative intelligence is a key characteristic of successful entrepreneurs.

7 0
3 years ago
An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t
Aleonysh [2.5K]

Answer:

tellers at JP Morgan Chase branches.

Explanation:

The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen

So the same is to be considered

3 0
3 years ago
Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr
Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

3 0
3 years ago
Private solutions to correct for externalities consider the following scenario:________.
Charra [1.4K]

Answer: Charities; coordinating negotiations among all of the parties too costly

Explanation:

From the question, we are told that that a chicken farm uses a nearby stream to dispose of the wastes that is released by its chickens and that the wastes flow downstream into a lake that has become polluted due to the waste matter. The local office of a nonprofit environmental organization then collects enough donations in order to stop the farm's pollution.

The type types of private solutions to the pollution externality which has occured is charity. This is because it is a voluntary activity. The money collected is meant for a specific objective which is to tackle the issue of pollution.

It is also vital to note that sometimes the private solutions to externalities might not work. For example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that coordinating negotiations among all of the parties too costly.

6 0
3 years ago
Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt
Masteriza [31]

Answer:

Crowdsourcing technique.

Explanation:

Crowdsourcing involves collection of information from a group of people that have relevant input in a subject, and is usually done over the internet. It allows business save money because the feedback is usually lowcost or free, and saves time.

Threadless by allowing people submit their own designs and vote on what designs they would like to see on T-shirts, are using crowdsourcing to get feedback and ideas from the public.

5 0
4 years ago
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