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dangina [55]
3 years ago
8

A supplier has offered your company a reduced price per unit for a component part you purchase if you will increase your purchas

e quantity from to units.​ Currently, you pay ​$ per unit. The supplier has offered to reduce this cost to ​$ per unit if you purchase the higher quantity. You purchase approximately of the units annually. The cost to place an order is estimated to be ​$ per order regardless of the order size. Transportation costs are estimated to be ​$ per unit. Your cost to hold a component part in inventory is estimated at ​% annually based on the cost of the purchased item. Should you continue with your current​ policy, or should you take the incentive offered by the​ supplier?
Business
1 answer:
Kitty [74]3 years ago
6 0

Answer:

the numbers are missing:

<em>A supplier has offered your company a reduced price per unit for a component part you purchase if you will increase your purchase quantity from 18,000 to 72,000 units.​ Currently, you pay ​$28.50 per unit. The supplier has offered to reduce this cost to ​$28.20 per unit if you purchase the higher quantity. You purchase approximately 279,000 of the units annually. The cost to place an order is estimated to be ​$360 per order regardless of the order size. Transportation costs are estimated to be ​$0.85 per unit. Your cost to hold a component part in inventory is estimated at 18​% annually based on the cost of the purchased item. Should you continue with your current​ policy, or should you take the incentive offered by the​ supplier?</em>

currently the total cost = [279,000/18,000 x $360] + (18% x $28.50 x 18,000/2) + (279,000 x $0.85) + ($28.50 x 279,000) = $5,580 + $46,170 + $237,150 + $7,951,500 = $8,240,400

total cost after proposed change in order size = [279,000/72,000 x $360] + (18% x $28.20 x 72,000/2) + (279,000 x $0.85) + ($28.20 x 279,000) = $1,395 + $182,736 + $237,150 + $7,867,800 = $8,289,081

the proposed change in order size should not be accepted and the company should continue with its current policies

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The resident assistant should be patient and try to listen carefully when it comes to understanding thr person's needs and wants.
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3 years ago
what are the positives and negatives of starting your career planning now while still in middle school?
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6 0
3 years ago
1. The interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the____________ .
horsena [70]

Answer:

1. Discount rate.

2. Increase.

Explanation:

A Federal Reserve Bank is one of the twelve regional banks of the Federal Reserve System in the United States of America. The Federal Reserve Banks are saddled with the responsibility of implementing the monetary policy designed and provided by the Federal Open Market Committee (FOMC).

Federal Reserve System also known as the Fed, was created under the Federal Reserve Act which was passed by US Congress in 1913. The Fed began its operations in the year 1914. It's a financial institution which was founded by President Woodrow Wilson and was primarily aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.

Furthermore, just like all central banks, the Fed is a government financial institution which is saddled with these responsibilities;

1. Controlling the issuance of currency in United States of America: the Fed promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

2. Providing banking services to all the commercial banks in the country: the Fed is the "lender of last resort.

3. Regulating banking activities: it has the power to supervise and regulate banks.

The Federal Reserve Board is the governing body which essentially manages the Federal Reserve System and performs an oversight function on domestic monetary policies.

<em>Additionally, the interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the discount rate. Also, the Fed can increase the money supply by lowering this rate (discount rate) and thus, empowering the member banks to lend more money.</em>

5 0
3 years ago
___________are funds that the bank keeps on hand that are not loaned out or invested in bonds. group of answer choices
Nadusha1986 [10]

Certificates of deposit exist as funds that the bank keeps on hand that exists not loaned out or invested in bonds.

<h3>What are certificates of deposits?</h3>

Unsecured negotiable promissory notes, or certificates of deposit (CDs), are frequently issued by commercial banks and other financial organizations.

A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.

Bonds and certificates of deposit (CDs) are comparable but not the same. Both of these securities are fixed-income investments that the holder keeps until the due dates. Investors invest money in bonds or CDs for a predetermined amount of time, and when that time expires, they receive their money back.

To learn more about certificate of deposit refer to:

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5 0
1 year ago
Fiona raised 2/7 of the money and Patrick raised 3/5 of the money. The rest of the money was raised by the rest of the group. Wh
Stels [109]

Answer:

31/35

Explanation:

Fiona  + Patrick = 2/7 + 3/5

\frac{10 + 21}{35}  = \frac{31}{35}

4 0
3 years ago
Read 2 more answers
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