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disa [49]
3 years ago
5

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $

50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. What is the number of production runs for this problem?
Business
1 answer:
VMariaS [17]3 years ago
3 0

Answer:

Number of production runs will be 184

Explanation:

We have given setup cost K = $50

Demand = 3650 units

Holding cost h = $12 per unit per year

Daily demand rate = 10

And daily production rate = 100

So x=\frac{10}{100}=0.1

We know that production order quantity is given as\

=\sqrt{\frac{2KD}{h}\times (1-x)}=\sqrt{\frac{2\times 50\times 3650}{12}\times (1-0.1)}=184

So the number of production runs will be 184

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Answer:

The accumulated present value is $67,518.99.

Explanation:

Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.

The Present Value of this annuity can be calculated as :

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P/ yr = 1

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Using a financial calculator, the  Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.

4 0
3 years ago
Which of the following is true of semiglobalization?
ehidna [41]

Answer:

The answer is: B) It is a type of globalization that lies between total isolation and total globalization.

Explanation:

Semi-globalization is a term that tries to explain how the world is becoming one single market (globalization) but at the same time barriers still exist and are very significant in different markets.

A few years ago this term was used to describe situations that arouse in emerging markets, where governments were trying to protect internal markets while trying to export their goods to developed countries.

Now it has become more common for developed countries to try to set entry barriers for foreign products but at the same time expect other nations to receive their products freely. E.g. Trump's trade war with China or the Brexit.

3 0
3 years ago
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $60,226 1,3
Anton [14]

Answer:

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Explanation:

To calculate the element of variable cost in a mix cost using high-low method, we need to take the cost of the highest activity level and subtract the cost of the lowest activity level from it and divide the answer by the difference between the highest and the lowest activity levels.

<u>High-low method</u>

  • Variable cost per unit = (Highest Activity Cost - Lowest Activity Cost) / (Highest Activity Units - Lowest Activity Units)

  • Variable cost per unit = (66436 - 60226) / (2660 - 1310) = $4.60 per unit
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murzikaleks [220]
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5 0
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bija089 [108]

Answer:

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Any contract entered into by any of the partners, before the dissolution of a partnership business is deemed legal hence binding on the partners. This means that the partners will still be liable for the new contract in line with their partnership status.

Although, before a partnership business can be dissolved, at least one of partners must give a notice of intent. If in the process of giving the notice, another member enters in a new contract, such will be valid and partners will still be held liable because the business has still not been dissolved in the eye of the law.

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