Answer:
Expected number of orders=31.6 orders per year
Explanation:
<em>The expected number of orders would be the Annual demand divided by the economic order quantity(EOQ).</em>
<em>The Economic Order Quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding cost is exactly the same as the ordering cost.</em>
It is calculated as follows:
EOQ = (2× Co D)/Ch)^(1/2)
Co- ordering cost Ch - holding cost, D- annual demand
EOQ = (2× 10 × 100000/2)^(1/2)= 3162.27 units
Number of orders = Annual Demand/EOQ
= 100,000/3,162.27= 31.62 orders
Expected number of orders=31.6 orders per year
Answer:Percentage change in the book price =7.17%
Explanation:
Initial Price of the used book = $73.25
Discounted price = $68.00
Percentage change in the book price = Initial Price - Discounted price/ Initial Price) x 100
($73.25 - $68.00) /$73.25 =5.25 /$73.25 =0.07167
=7.17%
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A country cannot enjoy a steady rate of economic growth if an economy suffers from low production.
There would be no way to keep up with demand, take advantage of economies of scale, etc. This would make it difficult to sustain growth into the future.
Thunderstorms are likely to occur during the afternoon or the evening in which will likely happen during this time because this is where unstable winds enter and moisture from the clouds and rain-- as they are a major component needed in order for a thunderstorm to occur.
