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
marissa [1.9K]
3 years ago
14

Nowlin Pipe & Steel has projected sales of 9,800 pipes this year, an ordering cost of $6 per order, and carrying costs of $1

.50 per pipe.
Business
1 answer:
ad-work [718]3 years ago
8 0

Answer: See explanation

Explanation:

Here is the complete question:

Nowlin Pipe & Steel has projected sales of 9,800 pipes this year, an ordering cost of $6 per order, and carrying costs of $1.50 per pipe.

a. What is the economic ordering quantity?

b. How many orders will be placed during the year?

c. What will the average inventory be?

a. Annual Demand = 9800 pipes

Cost per order = $6

Carrying cost per unit = $1.5

EOQ = ✓[(2 x Annual demand x cost per order)/carrying cost per order]

= ✓2 × 9800 × 6/1.5

= ✓78400

= 280 units

b. Number of orders orders placed would be:

= 9800/280

= 25 orders

c. Average inventory would be calculated as:

= 280/2

= 140 units

You might be interested in
Borrowing money to pursue an advanced degree makes sense if _____. a. you can earn a scholarship to pay for your educational cos
ki77a [65]

Answer

Option c is CORRECT answer

Explanation:

Borrowing money to pursue an advanced degree makes sense if You already have the financing to pay out of pocket.

3 0
2 years ago
Which of the following statements about the importance of each competitive factors (but especially such highly influential facto
Luda [366]

Question Completion:

O Tiny cross-company differences on a highly influential competitive factor (like selling prices, or S/Q ratings or models/styles) nearly always have a bigger impact on company sales/market shares in a region than do large company-to-company differences on less influential competitive factors.

O While it is true that some competitive factors affect the brand choices of buyers more than others, what matters most in determining sales and market shares is competitive effort and the regional average on each competitive factor

O How much differences in the number of models/styles that companies have in their product lines matter in determining each company's unit sales/market share in a region is not a fixed amount but rather is an amount that varies from *big (when model/style differences are also "big") to "small  

O In the rare instance that all companies in a region should happen to offer buyers the very same number of differences are "small") to "zero" (when the models/styles offered by rivals are identical). models/styles, then models/styles become a total competitive non-factor and have zero impact on buyer appeal for one brand versus another-in such cases, 100% of the regional sales and market share differences among company rivals stem directly from differences on the other 12 competitive factors.

O Big company-to-company differences in the number of models/styles offered to buyers in a region weigh heavily in accounting for company-to-company differences in branded pairs sold and market share in all four geographic regions.

Answer:

The statements about the importance of each competitive factors (but especially such highly influential factors as selling prices, S/Q ratings, and number of models/styles offered) in determining company sales volumes and market shares in a particular geographic region which is false is:

O Tiny cross-company differences on a highly influential competitive factor (like selling prices, or S/Q ratings or models/styles) nearly always have a bigger impact on company sales/market shares in a region than do large company-to-company differences on less influential competitive factors.

Explanation:

This implies that the following factors drive company sales volumes and market shares in a particular geographic region: competitive effort, differences in the number of models/styles that companies have in their product lines, big company-to-company differences in the number of models/styles offered to buyers in a region, among the other 12 competitive factors.

4 0
3 years ago
Can someone please help me answer these questions?
steposvetlana [31]

Answer:

I think these are personal questions which means there is no right answer

6 0
3 years ago
"1. When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run ou
katrin2010 [14]

idk

Explanation:

i dont know also, idk, i dont know

4 0
3 years ago
Read 2 more answers
Which of the following is NOT a characteristic of effective promotion? *
Alexxx [7]

Answer:

i think no.1

sssssss

8 0
3 years ago
Other questions:
  • Joseph never sleeps through the night. he wakes up at least once per hour to check all the doors and windows in his house to mak
    11·1 answer
  • Magneto Company had net credit sales during the year of $1,350,000 and cost of goods sold of $810,000. The balance in accounts r
    7·1 answer
  • 2. You have just completed an analysis of Rodriguez Manufacturing. You used the Capital Asset Pricing Model to determine that th
    5·1 answer
  • Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will ______. T
    9·1 answer
  • Marigold Corp. has beginning work in process inventory of $164000 and total manufacturing costs of $286000. If cost of goods man
    8·1 answer
  • Which of the following is a service supplying vehicle title records and damage reports?
    14·2 answers
  • Select the correct statement from the following. Multiple Choice A fixed cost structure offers less risk (i.e., less earnings vo
    7·2 answers
  • Depreciation
    10·1 answer
  • A person's total "net worth" =
    12·1 answer
  • The average American’s real income today is about four times what it was in _________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!