Answer:
Total inventory procuring cost $ 12.000
Explanation:
Step 1. Given information. and Step 2. Formulas needed to solve the exercise.
To find out invencoty cost, we need to calculate EQO
EOQ = sqrt of (2 * ordering cost per order * total quantity required / carrying cost per order)
Total inventory procuring cost = Carrying cost per unit per year (EOQ/2) + Fixed order cost * no of times ordered
Step 3. Calculation. and Step 4. Solution.
EOQ = sqrt of (2 * 500 * 8.000 / 18) = 667 units.
Therefore no of times to be ordered = 8.000/667 = 11.99 = 12 times
Total inventory procuring cost = 18 (667/2) + 500 (8.000/667) = $ 12.000
Note
Total Inventory procuring Cost is the sum of the carrying cost and the ordering cost of inventory.
Answer:
they make different shoes for different people and uses
Explanation:
and Nike sucks they use sweat shops to make their shoes
Answer:
a. 324%
b. 16.61%
Explanation:
a. The computation of the APR is the annual rate of interest which is shown below:
= Interest per month × number of months in a year
= 27% × 12 months
= 324%
b. And, the effective annual rate would be
= (1 + interest rate per month) ^ Number of months in a year - 1
= (1 + 27%) ^ 12 -1
= 1.27 ^ 12 -1
= 17.6053 - 1
= 16.61%
Answer:
Susan will have to pay $525 for her health insurance.
Explanation:
The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.
As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.
The answer in the space provided is the buyback clause. The
buyback clause is a sort of contract that has provision in which the seller has
rights of having to purchase his or her own property with the use of rules or
conditions.
