Answer:
Total cost = Total ordering cost + Total holding cost
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Ordering cost per order
Q = EOQ
H = Holding cost per item per annum
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √2DCo
H
EOQ = √2 x 40,000 x $48
$1.44
EOQ = 1,633 units
Explanation:
EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.
Answer:
b.fiscal policy became less expansionary
Explanation:
Because, the actual budget deficit (government spending less taxes and other) decreases the State decrease theri participation in the aconomy by the 20 millons difference.
This means their welfare programs, military, political, public works and other spending decreases. It could also mean the taxes were raised to make up for the deficit.
In both, the government policy contracts a little bit.
Answer:
$296.7
Explanation:
Since the first four hours the kitchen set will have a discount of 12 %, plus another 2 % for the last of each hour.
Ingrid bought it at the 1 hour and 25 min, that means that she could get 12 % for the first hour plus another 2 % because of th end of the first hour.
So it will be:
14 % (345) = $48.3
To the total price: $345 - $48.3 = $ 296.7
Hope this info was useful
Answer:
D) It is generally more expensive to obtain than primary data.
Explanation:
A) It may not exist.
Problem. Primary data may not yet be available due to its sensitivity of the primary data.
B) It may not be relevant
Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.
C) It may not be impartial.
Problem. Primary data used to create the secondary data might not treated all rivals equally.
D) It is generally more expensive to obtain than primary data.
Not a problem. Secondary data is not expensive as compared to primary data.
E) It may not be current.
Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.