Answer:
Annie should increase the order size to 148 bottles per order and she will be able to save $91.85 per year.
Explanation:
we must calculate the economic order quantity (EOQ) in order to determine the size of the order that reduces costs:
EOQ = √[(2 x S x D) / H]
- S = cost per order = $35
- D = annual demand = 2,500 bottles of shampoo
- H = holding cost per unit) = $8
EOQ = √[(2 x 35 x 2,500) / 8] = √(175,000 / 8) = √21,875 = 147.90 ≈ 148 bottles of shampoo
total cost when ordering 100 bottles = (25 orders x $35) + (100/2 x $8) = $875 + $400 = $1,275
total cost when ordering 148 bottles = (16.89 orders x $35) + (148/2 x $8) = $591.15 + $592 = $1,183.15
Annie will save $1,275 - $1,183.15 = $91.85 per year
Answer:
a)$16,894
Explanation:
The computation of his income is shown below:
= Wages + allocated tips for box 7 + tips that do not reported
= $16,400 + $350 + $144
= $16,894
We simply added the Wages, allocated tips for box 7, and tips that do not reported so that the exact value could come
All other information which is given is not relevant. Hence, ignored it
Answer:
The correct answer is letter "D": the costs of non-action in removing the conflict will always be higher than the cost of removing the conflict.
Explanation:
Conflicts of interest arise in organizations when the personal interest of a representative contrasts the interest of the company typically resulting in an unethical action. An example of a conflict of interest is influencing the recruitment of an applicant because the representative knows that person.
<em>In case the cost of conflict is high, even higher will be the cost of non-action in removing the conflict since it will be detrimental for the company's interest over the long run.</em>
