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Ostrovityanka [42]
2 years ago
11

Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3

6,000 units, a cost per order of $80, and a holding cost per unit per year of $4.
A) $849
B) $1,200
C) $1,889
D) $2,267
E) $2,400
Business
1 answer:
Gennadij [26K]2 years ago
3 0

Answer:

E) $2,400

Explanation:

optimal order quantity = sqrt{(2*D*S)/H}

                                     = sqrt{(2*36,000*$80)/$4}

                                     = $1,200

number of orders per year = $36,000/$1,200

                                             = $30

total ordering cost = $30*$80

                               = $2,400

Therefore, The total ordering cost of inventory is $2,400.

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Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

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2 years ago
Dawn's bridal boutique is having a sale on evening dresses. The increase in consumer surplus comes from the benefit of the lower
torisob [31]

Answer:

both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices.

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Let assume that the price before the sale and after the sale is $1000 and $800. The willingness to pay of customer A is $1500 and for customer b is $900

consumer surplus of customer A before sale = 1500 - 1000 = 500

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consumer surplus of customer B before sale =  0

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6 0
3 years ago
Data mining is an integral part of ___________________ which is the overall process of converting raw data into useful informati
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Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.

<h3>What is data mining and how it works explain?</h3>

In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.

<h3>Why is data mining useful?</h3>

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4 0
2 years ago
Thom Georges wants to open a store where he sells nothing but antique architectural features that he can salvage from old houses
MrRissso [65]

Answer: limited partnership

Explanation:

A limited partnership simply means a form of partnership whereby some of the partners only contribute financially nd thus will be liable and only to the extent of the amount that they contribute to the partnership m.

In case the company goes into bankruptcy, their personal assets and properties won't be affected. Since Thom invited his parents to invest $40,000 in the enterprise and told them that if they do invest, they would have liabilities in the firm equal to but no greater than their investment, then this is a limited partnership.

8 0
2 years ago
Present entries to record the following transactions:
Lubov Fominskaja [6]

Answer:

Please see below

Explanation:

a.

Dr Petty cash. $235

Cr Cash $235

b.

Dr Office supplies. $74.5

Dr Miscellaneous Administrator expenses $92.75

Dr Miscellaneous selling expenses $18.60

Dr Cash short and over $6.35

Cr. Cash $192.20

C.

Dr Petty cash $65

Cr. Cash $65

7 0
3 years ago
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