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notsponge [240]
3 years ago
5

Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to

be 5,000 cases. The ordering cost of this tile is $250 per order and the carrying cost is $10 per case per year. Tile Depot opens six days per week that is equivalent to 300 working days per year. The lead time for this item is usually two weeks or 12 working days.
The economic ordering quantity (EOQ) for this item is _____.

A. 250
B. 300
C. 400
D. 500
E. 600
Business
1 answer:
natta225 [31]3 years ago
6 0

Answer: D. 500

Explanation:

The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.

It is calculated by the formula below,

EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)

EOQ = √ (2 * 5,000 * 250 /10)

EOQ = 500 units.

The economic ordering quantity (EOQ) for this item is 500 units.

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The level of aggregate supply in the long-run is not affected by:a) changes in technology.b) changes in the capital stock.c) cha
mixas84 [53]

The correct answer is choice c, changes in the price level.

Aggregate supply is only affected by capital, labor, and technology in the long run because everything in the economy is assumed to be used optimally. Of the options that are presented, the only option that is not capital, labor or technology is the change in price level, which makes it the correct answer.

3 0
4 years ago
Dave is a close-up magician who is famous for his card tricks. He creates and sells DVDs of his magic tricks. Lately he has been
Katen [24]

Answer:

inbound logistics.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

In this scenario, Dave creates and sells DVDs of his magic tricks.

Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.

An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.

5 0
3 years ago
Corporations have a distince advantage over other forms of business organization in the area of taxation. True False
seraphim [82]

Answer:false

Explanation:

5 0
3 years ago
_________ are industry-specific factors that separate one strategic group from another.
GalinKa [24]

Answer: Mobility Barriers

Explanation:

<u>Mobility Barriers</u> are industry-specific factors that separate one strategic group from another.

8 0
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Both power distance and femininity are negatively related to the Environmental Sustainability Index.
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Both power distance and femininity are negatively related to the Environmental Sustainability Index. False

<h3>What is Environmental Sustainability?</h3>

Environmental sustainability is described as appropriate contact with the environment that promotes long-term environmental quality while preventing resource depletion or degradation. Environmental sustainability is a method that makes it possible to meet the requirements of the current generation without endangering the ability of future generations to do the same.

The power of the natural environment to renew itself and maintain its viability is really amazing when viewed in that light. For instance, when a tree falls, its decomposition enriches the earth with nutrients. These nutrients provide the right environment so that subsequent saplings can thrive.

Nature has a great capacity to take care of itself when left alone.

To learn more about Environmental Sustainability from the given link:

brainly.com/question/25965560

#SPJ4

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