A product whose EOQ is 40 units experiences an increase in the annual holding cost from $10 per unit to $90 per unit. The revised EOQ is nine times as large.
The Economic Order Quantity (EOQ) is the ideal order quantity that a business should purchase to minimize inventory costs such as inventory holding costs, out-of-stock costs, and order costs.
Economic Order Quantity (also known as Economic Purchase Quantity) is the order quantity that minimizes the total storage and ordering costs in inventory management. One of the oldest classic production planning models. Wikipedia
Economic Order Quantity or EOQ, also known as "Optimal Lot Size", is designed to help businesses determine the optimal order quantity to minimize logistics costs, storage space, shortages, and excess inventory costs calculated. The formula is: EOQ = [2(setup cost)(demand rate)] / square root of holding cost.
Learn more about EOQ here
brainly.com/question/16024963
#SPJ4
Property taxes comprise some of the highest revenue sources for local governments.
<h3>Where do local governments get revenue?</h3>
Local governments are able to source the largest portion of their revenue from property taxes on people living in the area.
This then allows them to fund government activities such as running schools and providing road markings.
Find out more on government sources of revenue at brainly.com/question/10987276
#SPJ1
The answer is<u> "
Information search".</u>
The Buyer Decision Processes are the decision-making processes by customers with respect to a potential market exchange previously, amid, and after the buy of an item or administration.
Information search is viewed as the second of five phases that contain the Consumer Decision Process. Amid this stage, a customer who perceives a particular issue or need will then likely be induced to scan for data, regardless of whether it be inside or remotely. This is additionally when the client expects to look for the incentive in a planned item or administration. Amid this time, the choices accessible to the shopper are recognized or additionally cleared up.
The answer is <u>"need for inclusion, control, and affection".</u>
Inclusion, sometimes called Involvement, is about the need to have a place. The desire to be perceived, to be a piece of the gathering, is Wanted Inclusion. It could be a work gathering, a book club, a family circle, a games group (or a gathering that watches a specific game), a volunteer gathering, or even an association.
Control, sometimes called Influence, is another interpersonal need that may persuade a person's conduct. The need to lead, impact, give structure, settle on the choices is Expressed Control.
Affection, sometimes called Connection, is around balanced connections and the enthusiastic ties and warm associations between individuals. Needed Affection needs to do with how much warmth and closeness you need seeing someone.