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
Vadim26 [7]
3 years ago
15

Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. He has deter

mined that setup costs would be $25 in machinist time and lost production time, and 50 brackets could be produced in a day once the machine has been set up. Ross estimates that the cost (including labor time and materials) of producing one bracket would be $14.80. The holding cost would be 10% of this cost.
(a) What is the daily demand rate?
(b) What is the optimal production quantity?
(c) How long will it take to produce the optimal quantity? How much inventory is sold during this time?
(d) If Ross uses the optimal production quantity, what would be the maximum inventory level? What would be the average inventory level? What is the annual holding cost?
Business
1 answer:
Vilka [71]3 years ago
6 0

Answer:

See explanations

Explanation:

a. What is the daily demand rate? 2500/365=6.85 per day

b. What is the optimal production quantity? sqrt( 2DCo/Ch)=sqrt(2*2500*25/1.48)= 290.619=291

c. How long will it take to produce the optimal quantity? 291/50=5.82 days

d. How much inventory is sold during the production run time? 6.85*5.82= 40

e. If Ross uses the optimal production quantity, what would be the maximum...

You might be interested in
Whenever Congress has a perceived need for ongoing control of an economic activity, it has tended to create a a. regulatory agen
RUDIKE [14]

Whenever Congress has a perceived need for ongoing control of economic activity, it has tended to create a cabinet department.

The Vice President and the secretaries of agriculture, commerce, defense, education, energy, health and human services, homeland security, housing and urban development, interior, labor, state, transportation, and veterans affairs make up the cabinet. Cabinets come in three varieties: inset, full overlay, and partial overlay. Each phrase refers to the way a cabinet door or drawer rests against or inside a cabinet frame. The three varieties of cabinets also stand for various price ranges and fashion trends. Such a division is frequently referred to as the Prime Minister's Office. Various other nations have cabinet offices.

The Prime Minister's Office is a division of the Cabinet Office in the United Kingdom; a similar division exists in Australia and New Zealand.

Learn more about Congress here: brainly.com/question/491441

#SPJ4

7 0
1 year ago
Nepotism is--a. the practice of basing promotions on how long someone has been employed by a given company b. the practice of pr
crimeas [40]

Answer:

<em><u>The answer is</u></em>: <u>d. The practice by which the managers of a company show favoritism to their own relatives and close friends</u>.

Explanation:

<u>Nepotism</u> <em>is the exaggerated predilection that some active civil servants who hold public office have regarding their family, relatives and friends when making concessions or hiring state employees</em>. In these cases, the individual who accesses a public job achieves the objective by its proximity and loyalty to the ruler or official in question, and not by his own merit or ability.

<em><u>The answer is</u></em>: <u>d. The practice by which the managers of a company show favoritism to their own relatives and close friends</u>.

6 0
3 years ago
Which of the following is an advantage of newspaper advertising?
Furkat [3]

Answer: Option A  

                             

Explanation: One of the major advantage of using newspaper is that an individual can reach to the prospects on such demo-graphical areas where other mediums might not work effectively and efficiently.

If an entity wants to advertise its product to smaller audiences at living in difficult places then it should go for newspaper. Also newspaper is the most common medium as one might not watch tv or listen radio daily but most of the individuals read newspaper everyday at morning.

Hence the correct option is A .

4 0
3 years ago
What is application software?
eduard
I believe it's (D) because, An application is any program, or group of programs, that is designed for the end user. Application software can be divided into two general classes: systems software and applications software. Applications software (also called end-user programs) include such things as database programs, word processors, Web browsers and spreadsheets.
5 0
3 years ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,200. During the month, it
SVETLANKA909090 [29]

Answer:

The ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

Explanation:

To determine Ending Balance of Work in Process Inventory, <em>Prepare a Manufacturing Cost Statement</em>.

Opening Work in Process Inventory             $11,200

<em>Add </em>Cost Added During the Period :

Direct materials                                             $77,200

Direct labor                                                   $25,200  

Factory overhead ( $25,200 × 50%)            $12,600

Total Manufacturing Costs                          $126,200

<em>Less </em>Transfer to Next Department            ($115,000)

Closing Work in Process Inventory               $11,200

Conclusion :

Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

6 0
2 years ago
Other questions:
  • A graduate student wants to examine the effect of print media versus televised media on individuals' position on several social
    15·1 answer
  • Making a down payment reduces the
    14·1 answer
  • John would like to move from the suburbs into the city, but the rent in the city is very high.john has found an apartment he rea
    7·1 answer
  • Markets always allocate resources in ways that meet ideal economic efficiency.
    10·1 answer
  • A copyright registered on or after January 1, 1978 lasts how long?
    8·1 answer
  • Project A as well as project B require an initial investment of $1,050,000, have a 6-year life, and have expected total cash inf
    5·1 answer
  • When savers deposit funds into banks, which then loan these funds to borrowers, it is called ________ finance.
    10·1 answer
  • Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether they should advertise
    5·1 answer
  • Real per capita GDP in Taiwan in 1961 was about $500, but it doubled to about $1000.00 by 1981. a. What was the average annual e
    13·1 answer
  • Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!