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maksim [4K]
3 years ago
10

Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cos

t is $47, the annual holding cost is 35% of the purchase price, and the price depends on the quantity as follows: Quantity Ordered Purchase Price per unit 0 to 199 units $66 each 200 to 4,999 units $44 each 5,000 or more $33 each Calculate the EOQ for the quantity range of 0 to 199 units (round to a whole number).
Business
1 answer:
Nataly [62]3 years ago
3 0

Answer:

EOQ = 72 units

Explanation:

Annual demand D = 1,286 units

Ordering cost S = $47

Holding percentage I = 35%

So, 0 - 199 units, the unit cost is $66

EOQ = \sqrt{2DS/PI}

EOQ = \sqrt{(2 * 1286 * 47)/(66*0.35)}

EOQ = \sqrt{5233.07}

EOQ = 72.33998613

EOQ = 72 units

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ABC Company sells several products. Information of average revenue and costs is as follows: Selling price per unit $34 Variable
adelina 88 [10]

Answer:

Contribution margin per unit= $21.6

Explanation:

Giving the following information:

Selling price per unit $34

Variable costs per unit:

Direct material $6

Direct manufacturing labor $2.40

Manufacturing overhead $0.80

Selling costs $3.20

<u>The contribution margin is calculated by deducting from the selling price all the variable components:</u>

Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 34 - 6 - 2.4 - 0.8 - 3.2

Contribution margin per unit= $21.6

6 0
3 years ago
What is a records inventory? discuss why is inventory is conducted and what is included in the inventory?
MariettaO [177]
A records inventory is detailed listing found through surveying, of all records owned and stored by an organization. The goal behind this is to know where they are stored and how they are stored to have a record retention schedule. This information helps managers in present and in the future make decisions regarding the organization. 
5 0
4 years ago
Which of the following statements is likely to be made by an economist who believes in activist monetary policy? (1) The more cl
11Alexandr11 [23.1K]

Answer:

(1) The more closely monetary policy can be designed to meet the particulars of a given economic environment, the better.

Explanation:

Monetary Policy is the instrument by which the Central Bank conducts the economy. The debate over monetary policy is basically divided into two groups. Monetarists who believe that monetary policy should be used only to maintain price stability - contain inflation. On the other hand, monetary policy activists argue that, in addition to containing inflation, monetary policy is a powerful instrument that can be used to influence the economy in other sectors, for example in stimulating job creation. This would make monetary policy an instrument designed to address particularities of the economic system.

4 0
3 years ago
True or False: Potential customers and non-potential customers are mixed together in the marketplace, so it is impossible to ens
Jobisdone [24]

The marketplace is full of both potential and non-potential customers which makes this statement <u>True</u>.

<h3>Are both potential and non-potential customers in the market?</h3>

The market does indeed have both potential customers for a product and non-potential customers who would not want to buy the product.

As a result, it is not possible to directly market to only potential customers, but to the entire marketplace.

Find out more on potential customers at brainly.com/question/3053467.

#SPJ1

3 0
2 years ago
Which fiscal policy would be the most contractionary? 
A. A $40 billion increase in taxes
B. A $50 billion increase in governmen
Elena L [17]

Answer: Option (C) is correct.

Explanation:

Correct option: A $50 billion decrease in government spending would be the most contractionary fiscal policy.

A. Increase the taxes by $40 billion is also a contractionary fiscal policy but it doesn't have a greater impact than decreasing  the government spending by $50 billion.

B. It is an expansionary fiscal policy.

D. There are both expansionary fiscal policy by decreasing taxes by $10 billion and contractionary fiscal policy by decreasing government spending by $40 billion. But it doesn't have much impact as the option (C) is having.

Therefore, Option (C) is having the most contractionary fiscal policy.

5 0
3 years ago
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