Answer:
1. Annual demand ( D) = 100,000 bags
Ordering cost per order (Co) = $15
Holding cost per item per annum (H) = 15% x $2 = $0.30
EOQ = √<u>2DCo</u>
H
EOQ = √<u>2 x 100,000 x $15</u>
0.30
EOQ = 3,162 units
2. Maximum inventory
= Safety stock + EOQ
= 1,500 + 3,162
= 4,662 units
3. Average inventory
= EOQ/2
= <u>3,162</u>
2
= 1,581 units
4. Number of order
= <u>Annual demand</u>
EOQ
= <u>100,000</u>
3,162
= 32 times
Explanation:
EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.
Maximum inventory is the aggregate of safety stock and EOQ.
Average inventory is economic order quantity divided by 2
Number of order is the ratio of annual demand to economic order quantity.
Answer:
A. Good marketing
Explanation:
Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.
A company that sells a product that is the best of its kind on the market, must invest in an effective strategy so that the product is known to consumers, is competitive and correctly distributed. The five p's of marketing can be a good strategy to correctly position the product on the market, as it involves strategic development for the product, price, promotion, place and people.
Answer: In meetings, women tend to withhold their opinions more than men.
Explanation:
Communication is simply the process of exchanging information between the individuals by using signs, symbols of behavior, symbols, or signs. It should be noted that nonverbal gesture, such as the OK symbol that is made in some countries, could be found to be offensive somewhere else.
Men and women tend to differ somewhat in their communication styles. In meetings, women tend to withhold their opinions more than men.
Answer:
150,000
Explanation:
Cost of equipment = 550,000
Estimated salvage value = 50,000
Useful life = 5 Years
Straight line method yearly depreciation charge = (550000 - 50000)/5
= 500000/5
= 100000
Using the DDb method, Yearly depreciation = 2 × 100000
= 200000
Book value for year 1 = 550000 - 200000
= 350000
Book value for year 2 = 350000 - 200000
= 150000
Book value for year 2 = 150,000