1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
3 years ago
12

Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem

and for these connectors is 15 comma 100 units. Southeastern estimates its annual holding cost for this item to be ​$23 per unit. The cost to place and process an order from the supplier is ​$77. The company operates 300 days per​ year, and the lead time to receive an order from the supplier is 3 working days. ​a) What is the economic order​ quantity? nothing units ​(round your response to the nearest whole​ number). ​b) What are the annual holding​ costs? ​$ nothing ​(round your response to the nearest whole​ number). ​c) What are the annual ordering​ costs? ​$ nothing ​(round your response to the nearest whole​ number). ​d) What is the reorder​ point? nothing units ​(round your response to the nearest whole​ number).
Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

A) economic order quantity ( order quantity model that will minimize the total holding cost and ordering costs ) = \sqrt{3*1500*77/23} = \sqrt{15065.21739} = 122. 74 ≈ 122 ( optimal ordering quantity ) units

B)  Annual holding cost = 23 * 122 / 2 = $1403

C ) Annual ordering costs = 1500/122 * 77 = $947

D ) The reorder point = daily demand * lead time = 50 * 3 = 150 units

Explanation:

Annual demand for connectors : 1500

ordering cost ( cost to place and process an order ) : $77

annual holding cost per unit : $23

A) economic order quantity ( order quantity model that will minimize the total holding cost and ordering costs ) = \sqrt{3*1500*77/23} = \sqrt{15065.21739} = 122. 74 ≈ 122 ( optimal ordering quantity ) units

B)  Annual holding cost = 23 * 122/2 = $1403

C ) Annual ordering costs = 1500 / 122 * 77 = $946.72 ≈ $947

D ) The reorder point = daily demand * lead time = 50 * 3 = 150 units

daily demand = 1500 / 300 = 50

lead time = 3

You might be interested in
An article on the health care industry revealed several assumptions that health care administrators have adopted during the last
Viefleur [7K]

Answer:

Letter C is correct. <u>The Theory X style of management.</u>

Explanation:

The most suitable alternative is the letter C.<u> </u>The Theory X style of management.

Theory X can be defined as one of the currents of thought proposed by Douglas Mcgregor in 1960, and refers to assumptions about the behavior of employees in the workplace, this means that management must be developed from the actions and behaviors of employees , from there different styles of planning, controlling, organizing and dividing tasks will emerge.

In administration based on theory X, the individual is considered self-centered, without ambitions and needs supervision to exercise self-discipline and self-control. Economic benefits must be offered as a form of incentive and punishment.

According to theory X, employees avoid responsibility, so there must be economic incentives for them to be more ambitious and productive.

5 0
3 years ago
Microhard has issued a bond with the following characteristics:
Aleks [24]

Answer:

At Yield to maturity = 11%

Price = $1,000

Explanation:

As for the provided information we have:

Par value = $1,000

Interest each year = $1,000 \times 11% = $110

Effective interest rate semiannually = 11%/2 = 5.5% = 0.055

Since it is paid semiannually, interest for each single payment = $110 \times 0.5 = $55 for each payment.

Time = 8 years, again for this since payments are semi annual, effective duration = 16

Price of the bond = C \times \frac{(1 - \frac{1}{(1+i^n)}) }{i} + \frac{M}{(1 + i)^n}

Here, C = Coupon payment = $55

i = 0.055

n = Time period = 16

M = Maturity value = Par value = $1,000

Therefore, if yield to maturity = 11% then,

P = 55 \times \frac{1 - \frac{1}{(1 + 0.055)^1^6} }{0.55} + \frac{1,000}{(1 + 0.55)^1^6}

= $1,000

7 0
3 years ago
In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep
ch4aika [34]

In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep it from losing any more of its value. Under these conditions, money is said to lack stability

Explanation:

In most situations, two main factors of a high inflation rate are present in a national economy, which in most countries at the very most. Firstly, an increase in consumer spending in comparison to supply could lead to high inflation. The prices rise when more people fought about fewer goods.

Price stability ensures that excessive inflation and deflation are prevented.

Inflation represents an increase in the overall value for money and purchasing power of products and services within an economy over a prolonged period of time. Deflation is a fall over a longer period of time in the overall price cost for goods and services.

4 0
3 years ago
Suppose the government imposes a price ceiling above the equilibrium price of a given good. Which of the following is the most l
VikaD [51]

Answer:

c) No change will occur in the market.

Explanation:

The correct option is : (c) No change will occur in the market

Reason: A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

8 0
3 years ago
Charging someone higher interest on a loan because they missed a payment in the past is:
posledela

Answer:D

Explanation:

6 0
3 years ago
Other questions:
  • Suppose 1 in 200 pilots flying space-x aircraft dies each year while only 1 in 500 pilots flying subspace gliders dies each year
    14·1 answer
  • Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will ______. T
    9·1 answer
  • Malholtra Inc. is considering a project that has the following cash flow and WACC data.
    7·1 answer
  • You are offered two jobs, one in Chicago paying $67,000 and one in Dallas paying $58,000. The price index in Chicago is 110.8, a
    9·1 answer
  • JVL Enterprises has set a target profit of $126,000. The company sells a single product for $50 per unit. Variable costs are $15
    14·1 answer
  • Jaime needs milk from the grocery store. The milk is on sale for $1.50, significantly less than its customary price. Jaime also
    11·2 answers
  • Which of you he following government offices help individuals fund their college education?
    5·2 answers
  • McGuire Company acquired 100 percent of the voting common shares of Able Corporation by issuing bonds with a par value and fair
    15·1 answer
  • If the LRATC curve is falling, then Group of answer choices economies of scale are present. constant returns to scale are presen
    8·1 answer
  • Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!