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morpeh [17]
3 years ago
9

You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember yo

ur instructor teaching you that you wouldn't use the EOQ formula if:
Business
1 answer:
skelet666 [1.2K]3 years ago
7 0

Answer:

The formula is not used if consumer demand and ordering and holding costs are not constant.

Explanation:

E.O.Q formula measures the ideal quantity of order a company should purchase in order to minimize its inventory costs, such as holding costs and shortage costs. The formula, however has its limitations, in a way that it assumes that the costumer demand is constant and ordering and holding costs remain constant. This makes formula hard to use in case of seasonal changes of demand, inventory costs or lost sales revenue due to inventory shortages.

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Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:
Galina-37 [17]

Answer:

Explanation:

Schedule of expected cash collection is a form of budgeted that list the time frames and the amount of payment expected from customers for the purpose of efficient planning.

Account receivables

60% * October sales = 67,000

November sales

40% * 320000 (November sales) = $128,000

                                                       $195000

December cash collection

60%*320000 (November sales) = 192000

40%*330000 (December sales)= $132000

                                                     $324,000

5 0
3 years ago
If incomes increase during a period of expansion, goods considered to be inferior will experience?
Olegator [25]

If incomes increase during a period of expansion, goods considered to be inferior will experience:

  • A decrease in demand

<h3>What are inferior goods?</h3>

Inferior goods are those types of goods that consumers have little or no interest in. These goods are mostly sought after when the economy is tough and people have no option but to purchase them.

However, when the economy improves and there is an expansion, people will naturally return to the goods that they believe have superior quality. When they make this move, the inferior goods will experience a decrease in demand.

Learn more about inferior goods here:

brainly.com/question/20532958

#SPJ1

5 0
2 years ago
Consumer services include:___________
mart [117]

Answer:

The most accurate answer is c. educational, retail, wholesale, professional, and financial service jobs.

Explanation:

7 0
4 years ago
Read 2 more answers
The owner of a major league baseball team can fire employees for not winning a pennant, have the city build him a new ballpark,
lawyer [7]
<span>Weber would consider this an exercise in power in the social stratification model. The owner has the ability to have others do what he wants them to do. He is able to set goals that can be achieved even with others opposing them.</span>
4 0
3 years ago
Internal recruitment may be practiced in companies today. TRUE OR FALSE​
alexandr1967 [171]
True!.................
6 0
3 years ago
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