A)
<span>To determine the Annual Set-up Cost </span>
<span>Annual set-up cost = (# of orders placed per year) x (Setup or order cost per order) </span><span>= Annual Demand </span><span># of units in each order ¡Á (Setup or order cost per order) </span><span>= (D/Q) ¡Á(S) </span>
<span> = (6000/Q) x (30) </span>
<span>
To determine Annual holding cost = Average inventory level x Holding cost per unit per year </span><span>= (Order Quantity/2) (Holding cost per unit per year) </span>
<span> = (Q/2) ($10.00) </span>
<span> </span>
<span>To determine Optimal order quantity is found when annual setup cost equals annual holding cost: </span><span>(D/Q) x (S) = (Q/2) x (H) </span>
<span> (6,000/Q) x (30) = (Q/2) (10) </span>
<span> =(2)(6,000)(30)
= Q2 (10) </span>
<span>Q2 = [(2 ¡Á6,000 ¡Á30)/($10)]
= 36,000 </span>
<span> =([(2 ¡Á6,000 ¡Á30)/(10)])
=</span><span>189.736 ¡Ö 189.74 units </span><span>
Hence, EOQ = 189.74 units </span>
<span>B) </span>
<span>Average inventory level = (Order Quantity/2) </span>
<span> = (189.74) /2
= 94.87 </span>
<span>Average Inventory level =94.87 units </span>
<span>C) </span>
<span>N= ( Demand/ order quantity)
= (6000/ 189.736)
=31.62 </span>
<span>Hence, the optimal number of orders per year = 31.62 </span>
<span>D) </span>
<span>T = (Number of Working Days per year) / (optimal number of orders) </span>
<span> = 250 days per year / 31.62
= 7.906 </span>
<span>So, the optimal number of days in between any two orders = 7.91 </span>
<span>E) </span>
<span>Using, (Q) x (H) : </span><span>(189.736 units) x ($10) =$1,897.36 </span>
<span>So, The annual cost of ordering and holding the inventory = $1,897 </span>
F)
<span>TC = setup cost + holding cost </span>
<span> = (Dyear/Q) (S) + (Q/2) (H) </span>
<span> = (6,000/189.74) ($30.00) + (189.74/2) ($10.00) </span>
<span> = $948.67 + $948.7 </span>
<span> = 1,897.37
</span><span>Purchase cost = (6,000 units) x ($100/unit)
= $600,000 </span>
<span>Total annual inventory cost = $600,000 + $1,897
= $601,897 </span>
The answer to the given question is "INTENSIVE" distribution.
When creative pen company designed a new, ergonomically-friendly pen, they wanted to, literally, get in the hands of as many consumers as possible. The creative pen will likely choose an "INTENSIVE" distribution.
Answer:
2.43 %
Explanation :
Real Interest rate = (1 + nominal rate) / (1 + inflation rate) - 1
therefore,
Real Interest rate = 1.052 / 1.027 - 1
= 2.43 %
the approximate real rate of interest is 2.43 %
She may be entitled to protection under the <u>Business Judgement Rule</u>, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.
Answer:
A. Realtors
Explanation:
A realtor is a professional who helps clients buy and sell properties. Realtors are registered by the National Association of Realtors (NAR) and licensed to practice by their local authorities.
Realtors work for real estate companies. They may be real estate agents, salespeople, residential and commercial real estate brokers, property managers, or appraisers. Since they are recognized by law, and their work revolves around properties, realtors stand in a better position to assist someone buying a house.
