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frez [133]
3 years ago
9

The annual demand of product Y is 1908 units. The ordering cost is $45 per order. Holding cost is $15 per unit per year. Calcula

te the annual ordering cost when the lot size (i.e., the fixed order quantity) is 67 units.
(Select the appropriate range in which your answer falls.]
a. More than 0 but less than or equal to 700
b. More than 700 but less than or equal to 850
c. More than 850 but less than or equal to 1000
d. More than 1000 but less than or equal to 1150
e. More than 1150
Business
1 answer:
Flauer [41]3 years ago
3 0

Answer:

Option E

The annual ordering cost is more than $1150

Explanation:

The ordering costs include all the clerical, administrative and transportation costs associated with placing an order.

Annual ordering cos = ordering cost per order × number of order

No of order = Annual demand/order quantity

                   = 1908/67= 28.47 orders

Annual ordering cost = 28.47× 45= $1281.49

Annual ordering cost =$1281.49

The annual ordering cost is more than $1150

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Answer:

Foreign uncontrollable  environmental  elements

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3 years ago
. JetGreen Cleaners makes 80% of its sales on credit. Experience shows that 25% of the credit customers pay in the month of sale
anastassius [24]

Answer:

July = $237,600

August = $238,400

Explanation:

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Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:

A = 0.20*200,000+0.8*(0.25*200,000+0.55*280,000+0.20*220,000)\\A= \$238,400

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3 years ago
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Answer:

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6 0
3 years ago
A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve
Natalka [10]

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

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= \frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}

On substituting the given values, we get

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i.e.,

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