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3 years ago

According to the eTextbook, ______ is the lot size (Q) that will minimize total annual inventory cost.

Business

1 answer:

enot [183]3 years ago

4 0

Answer:

EOQ (Economic Order Quantity).

Explanation:

As the acronym goes EOQ, it is economic order quantity which is seen to reduce or hold the amount of raw material been ordered. This is seen by experts as a formula in production that intels the most optimum and economic purchase pattern in purchase of goods or materials to be used in production. Therefore this will directly be seen to have a big effect in the total size if an order; thereby causing a reduction in its annual inventory cost.

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The saying "leaving money on the table" is associated with a predatory pricing strategy that results in excessive seasonal disco

andrew11 [14]

<span>It is associated with using a market penetration strategy when there is an opportunity for price skimming. Leaving money on the table means that during a business deal or negotiation one of the parties does not receive the amount of money they could have earned, instead they accept a smaller sum. This strategy can be beneficial or hurtful depending on the scenario.</span>

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3 years ago

Witch type of group discussion requires a lot of active participation from the audience?

BARSIC [14]

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3 years ago

Read 2 more answers

Consider the following financial statement information for the Hop Corporation:

EastWind [94]

Answer: Operating cycle = 84.70 days

Cash cycle = 41 days

Explanation:

Beginning inventory = $11,100

Ending Inventory = $12,100

Average inventory = ($11100 + $12100)/2 = 11600

Average Accounts receivable = (6,100 + 6,400)/2 = 6250

Average Accounts payable = (8,300 + 8,700)/2 = 8500

Day sales in inventory = Average inventory × 365 / Cost of goods sold

= 11600 × 365 / 71000 = 59.63 days

Average collection period = Average receivable × 365 / Credit sales

= 6250 × 365 /91000 = 25.07 days

Average payment period = 43.70 days

Therefore, operating cycle will be:

= Day sales in inventory + Average collection period

= 59.63 days + 25.07 days

= 84.70 days

Cash cycle = Operating cycle - Average payment period

= 84.70 - 43.70

= 41 days

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3 years ago

How would inventions such as the smart fitting room affect retail jobs???

Lorico [155]

Answer:

ummm because it is bigger

Explanation:

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3 years ago

your client has made all of the following transfers. which of these transfers will be excluded from the client's total gifts in

OlgaM077 [116]

To be excluded from the client's total gifts in the year made are

Paid a hospital $11,000 for medical services rendered to a friend
Made a donation to the democratic party. Option D I and III

This is further explained below.

<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>

Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.

In conclusion, To be excluded from the client's total gifts in the year made are

Paid a hospital $11,000 for medical services rendered to a friend
Made a donation to the democratic party. Option D I and III