1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
In one state, a mortgagee holds legal title to real property offered as collateral for a loan, and the mortgagor retains the rig
True [87]

Answer:

Lein Theory.

Explanation:

Lien theory refers to the theory in which the buyer stops the property deed at the time of the mortgage. Also the buyer promised to pay all the payments so that the mortgage could become a lien on a property but at the same time the  title would remain with the buyer but if all the payments are paid so the lien could be removed

Therefore in the given situation, it represents the lien theory

7 0
3 years ago
The law of variability says that​ "the greater the random variability either demanded of the process or inherent in the process
Aneli [31]

Answer:

C. the less productive the process​ is.

Explanation:

Variability refers to the property when the given substance are highly probable to change and that the results accordingly change.

In that condition there is no drawn pattern for such change, as it might or might not change according to the expected scale and level.

In this, if there is high variability, then the results can be that the resulting process will be least productive, as there are so many uncontrollable changes.

Accordingly, since no proper management of the related process is possible, the results will not be productive.

6 0
3 years ago
The difference between the maximum price a consumer is willing to pay for a product and the actual price the consumer pays is ca
sineoko [7]

Answer:

The answer is consumer's surplus

Explanation:

Consumer's surplus is the difference between what the consumer or buyer is willing to pay and the amount he or she eventually paid.

For example, Mr A is willing to pay $100 for a product and the producer is willing to sell for $90. After much negotiation between mr A and the seller, he eventually paid $85. What he paid was lower than what he was willing to pay before.

So the consumer surplus is $100 - $85 = $15

3 0
3 years ago
Suppose that the only café in town can sell five fish dinners per night at a price of $10 each. If this monopoly firm wants to s
UNO [17]

Answer:

a.$4

Explanation:

initial price of fish dinner per piece was= $10

no. of fish dinner sold = 5

total initial revenue= 5*10= $50

new price of fish dinner = $9

and now six  fish dinners are sold

new revenue= 6*9= $54

therefore the marginal revenue from the sixth dinner sold= 54-50= $4

hence option a is correct

4 0
3 years ago
As robin uses her computer to write a report of her team’s investigation she is struggling to keep the foot notes numbered in th
forsale [732]

It is advisable for Robin to use the word-processing software to enter footnotes to number them systematically.

<h3>What is a Word Processing Software?</h3>

The different computer programs, which are easily to be performed in the Word documents, is done with the help and assistance of a word processing software.

The functions of Word Processing Software are performed automatically and saves a lot of time and man-hours.

Hence, option B holds states about the word processing software. Complete question is attached in the image below for better understanding of the concept.

Learn more about the Word Processing Software here:

brainly.com/question/20910519

#SPJ1

8 0
2 years ago
Other questions:
  • 9. A project has an annual operating cash flow of $52,620. Initially, this four-year project required $5,160 in net working capi
    7·1 answer
  • a person who can make decisions based on logical evidence is defined as which of the following? caretaker insurer reasonable per
    12·2 answers
  • Generally, international trade laws in the last 60 years have served to:______.
    15·1 answer
  • 1. ________ dictate the terms and conditions state governments would have to meet in order to qualify for financial assistance i
    13·1 answer
  • Tom Klem is the controller of Watson Manufacturing, Inc. He estimates that the company’s breakeven point in sales dollars is $2
    5·1 answer
  • Though the trade and sale of slaves continued to be legal inside the United States until the Civil War, the "slave trade"—that i
    14·1 answer
  • Clear Calls Inc., a telephone service provider, has a large user base mainly because phone calls and messages between all Clear
    8·1 answer
  • A firm had after-tax income last year of $3.0 million. Its depreciation expenses were $0.6 million, and its total cash flow was
    14·1 answer
  • Which expense is a direct cost in the product costing of a fabric manufacturer?
    12·1 answer
  • The sale of a used automobile would not be included in GDP of the current year because it is ________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!