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Mars2501 [29]
3 years ago
9

A local distributor for a national tire company expects to sell approximately 9,530 tires of a certain size and tread design nex

t year. Annual carrying cost is $14 per tire and ordering cost is $72. The distributor operates 286 days a year. a. What is the EOQ
Business
1 answer:
Dahasolnce [82]3 years ago
4 0

Answer:

the economic order quantity is 313 units

Explanation:

The computation of the economic order quantity is shown below:

= sqrt( 2 ×annual demand × ordering cost)  (carrying cost)

= sqrt(2 × 95,30 × $72) ÷ $14

= 313 units

hence, the economic order quantity is 313 units

The same should be considered and relevant

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North Company has completed all of its operating budgets. The sales budget for the year shows 50,820 units and total sales of $2
Grace [21]

Answer:

We are given all the details of the activity and the results of those activities, like the cost and revenue.

The multi step income statement shall be as follows:

Income:

Revenue from Sales                             = $2,391,000

Other Income                                         =   $0

Total Revenue                                       = $2,391,000

Expenses:

Cost of goods sold                                = $1,168,860

$23 \times 50,820

Selling and Administrative                   = $303,100

Interest Expense                                    = $13,060

Total Expenses                                     = $1,485,020

Net Income before Taxes                    = $905,980

Less: Taxes on income                         = $220,400

Income from Continuing Operations = $685,580

7 0
3 years ago
lisette’s laptop needs a unique battery, and a local computer parts company is the only place that sells it. given the demand fu
Allushta [10]

Answer:

-5000

Explanation:

3 0
3 years ago
CAN SOMEONE PLEASE HELP ME????
Vikentia [17]

Answer:

1.D

2.D

Hope this helps

7 0
3 years ago
​In 2017, in proposing a $1 trillion increase in government spending on infrastructure, President Trump argued that the spending
VLD [36.1K]

Answer:

A. the economy is producing at less than its potential output and has some cyclical unemployment.

Explanation:

Increase in government spending will increase domestic income, only if economy is producing at less than its potential output.

Increase in federal government spending raises the level of 'govt expenditure' in Aggregate Demand. This creates 'Excess Demand' (AD > AS). However, if the economy is at full employment level, i.e all the resources are already best efficiently utilised as per their production potential. Then, the economy can't increase its domestic income more than its full employment (full potential) level. So : Increase in government spending in full employment case, wont increase total production/ income/ employment further ; as the economy is already at full employment & can't increase economic activity beyond that.

3 0
3 years ago
You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is $0.07 per unit, which impli
Fed [463]

Answer:

q1 = 910

q2 = 910

Explanation:

Given:

Q = 2800 - 1000p

Marginal cost = $0.07 per unit

Q = 2800 - 1000p

p = \frac{2800 - Q}{1000}

p = \frac{2800- q_1 - q_2}{1000}

Let's calculate profit of firm 1:

TR = p1 q1

= \frac{2800 q_1 - q_1^2 - q_1 q_2}{1000}

MR = \frac{2800 - 2q_1 - q_2}{1000}

MR = MC = 0.07

\frac{2800 - 2q_1 - q_2}{1000} = 0.07

Cross multiplying:

2800 - 2q₁ - q₂ = 70

2800 - 2q₁ = 70 + q₂

2800 - 70 - 2q₁ = q₂

2730 - 2q₁ = q₂...............(1)

Let's calculate profit of firm 2:

TR = p₁ q₂

= \frac{2800 q_2 - q_1 - q_2^2}{1000}

\frac{2800 - q_1 - 2q_2}{1000} = MR

MR = MC = 0.07

\frac{2800 - q_1 - 2q_2}{1000} = 0.07

Cross multiplying:

2800 - q₁ - 2q₂ = 70

2800 - 2q₂ = 70 + q₁

2800 - 70 - 2q₂ = q₁

2730 - 2q₂ = q₁................... (2)

Substitute 2730 - 2q₂ for q₁ in (1)...

Thus:

2730 - 2q₁ = q₂

2730 - 2(2730 - 2q₂) = q₂

2730 - 5460 + 4q₂ = q₂

-2730 + 4q₂ = q₂

-2730 = q₂ - 4q₂

-2730 = - 3q₂

q₂ = -2730/-3

q₂ = 910

Substituting 910 for q₂ in (2):

2730 - 2q₂ = q₁

2730 - 2(910)= q₁

2730 - 1820 = q₁

910 = q₁

q₁ = 910

The Cournot equilibrium quantities are: q₁= 910; and q₂ = 910

3 0
3 years ago
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