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Tcecarenko [31]
3 years ago
10

Demand for a product is 500 units per month. The company incurs a fixed order placement, transportation, and receiving cost of 4

,000 each time an order is placed. Each cycle costs 500 and the retailer has a holding cost of 20 percent. Evaluate the number of products that the store manager should order in each replenishment lot?
Business
1 answer:
9966 [12]3 years ago
3 0

Answer:

Economic Order Quantity is the level of inventory that minimizes the total inventory holding costs and ordering costs. It is one of the oldest classical production scheduling models. Economic order quantity refers to that number (quantity) ordered in a single purchase so that the accumulated costs of ordering and carrying costs are at the minimum level. In other words, the quantity that is ordered at one time should be so, which will minimize the total of. Cost of placing orders and receiving the goods, and Cost of storing the goods as well as interest on the capital invested.

economic order quantity (EOQ)

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Answer:

148.31

Explanation:

The normal price in dollars is (87.89)(2.25), and the 25% discount corresponds to multiplying this result by 0.75. Carrying out the arithmetic, the price is (87.89)(2.25)(0.75) = 148.31.

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A rational decision

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Answer:

And he has reasons to be angry. The hotels usually are part of a large chain that can provide service for costumers to be happy in the given case that something like what you described happens. The hotel is not taking into account the interest and concerns of it's costumer and that will greatly affect  the reputation the have.

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When a company "Guarantee" a service or product is under the moral obligation to satisfy the costumer on the terms previously agreed on. Managers should be aware that failing to fix the problem will no doubt affect the perception of possible clients in the future.

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A marketing representative wants to estimate the proportion of people in a state who like the new design on the packaging of a c
Lelu [443]

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The conditions for creating a confidence interval for the population proportion have been met.

Explanation:

There are the following conditions to build a confidence interval for a population proportion:

Sample of size n from a large population

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In this problem, we have that:

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82 successes and 18 failures.

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Environmental Designs issues 3,000 stocks of its $1 par cost not unusual stock at $15 per share. magazine entries required

1) coins (3000 stocks x $ 15) $45,000  

    not unusual stock - at par (3000 shares x $ 1 par)= $3,000

    extra paid-in capital in extra of Par - not unusual inventory                           $45,000 - $three,000= $forty two,000

 (to document issuance of stock)    

     

2) coins $45,000  

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