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frozen [14]
3 years ago
7

The weekly demand is 200 units . The cost to place an order is $2.00, and the time from ordering to receipt is four weeks. The w

eekly inventory carrying cost is $0.01 per unit. Suppose that the weekly production rate is 500 units. What is the optimal EPQ quantity
Business
1 answer:
scZoUnD [109]3 years ago
6 0

Answer:

Optimal EPQ quantity = 2633

Explanation:

Annual demand = D = 200/ week x 52 weeks = 10400 units

Cost to place an order = Co = $2

Weekly inventory carrying cost = I = $0.01

Weekly demand = d = 200 units

Weekly production rate = p = 500

Optimal EPQ quantity = Square root ( 2 x D x C/I x ( p/p-d))

= Square root ( 2 x 10400 x 2/0.01x ( 500 /500 – 200)

= Square root ( 2 x 10400 x 200 x 500/300)

= 2633.12 ( 2633 rounded to nearest whole number )

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In ________ ranking, raters look at a list of employees, decide who the best employee is, and cross that person's name off the l
Katyanochek1 [597]

Answer: Alternation Ranking

Explanation: In Alternation Ranking employees are rated by choosing the best and then the worst employee, and then repeating the process until all employees have been rated. This method is effective in determining worker's performance using comparison with other workers in the company.

4 0
3 years ago
ABC had the following net income (loss) the first three years of operation: $7,100, ($1,600), and $3,600. If the Retained Earnin
Alex73 [517]

Answer:

The total amount of dividends paid over these three years: $8000

Explanation:

  • Net income (loss) in three years

$7,100, ($1,600), and $3,600  

=> the total net income is the first three years of operation is:

$7,100 -  ($1,600) +  $3,600  

= $9,100

This money is not kept in the Retained Earnings because it is used for dividend payment. But Earnings balance at the end of year three is $1,100, so the total amount of dividends paid over these three years:

= Total net incomes - Retained Earnings

= $9,100 - $1,100,  

= $8000

Hope it will find you well.

3 0
3 years ago
Read 2 more answers
Many critics have argued that a sales or consumption tax should be eliminated because of its regressive nature. what is the basi
ivolga24 [154]
The basis for this argument is that consumption tax takes a larger percentage of income from low income earners than from high income earners. This is because consumption tax is uniformly applied to all people irrespective of their situation.<span />
5 0
3 years ago
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Central Perk orders their organic coffee filters from a South American supplier that mails them as inexpensively (hence, as slow
Damm [24]

Answer:

1495 filters are considered as safety stock.

Explanation:

d = 80 filters, std devd= 5, L = 14 days, std dev L= 2 days

Std dev dL = Sq rt ( Lσ d2 + d 2σ L2  ) = sq rt ( 350 + 25600) = 161 filter

z= 2.33 at 99% SL

safety stock = 2.33 X 161 = 375 filter

Reorder point = dL + Safety stock = 80 X 14 + 375 = 1495 filters

3 0
3 years ago
In 2018, Sheridan Company had credit sales of $894000. On January 1, 2018, Allowance for Doubtful Accounts had a credit balance
Fantom [35]

Answer:

$37,100

Explanation:

The computation of the adjustment made to Allowance for Doubtful Accounts  is shown below:

= Ending account receivable balance × uncollectible percentage - credit balance of Allowance for Doubtful Accounts + written off amount

= $235,000 × 10% - $22,300 + $35,900

= $23,500 - $22,300 + $35,900

= $37,100

We simply applied the above formula so that the adjustment amount could arrive

4 0
3 years ago
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