Answer:
1. Meena should take the quantity discount since with such discount the EOQ will rise by just 1 unit from 20.5units to 21.5 units and a net gain of $49.18.
2. The EOQ without discount will be 20.5 units
Explanation:
EOQ=Square root of ((2xordering cost x demand)/ (Carrying cost))
Gains of accepting discount will be
i. ordering cost savings= (demand/quantity order) x ordering cost
= (660/360)*23=$42.16
ii. Price saving per item=0.18 x 660 =$118.80
total gain =$160.96
iii. Stockholding cost =300 x (23 x 0.91 ) x 0.18=$1,130.22
iv. Additional cost incurred by increasing order= 1,130.22-(300 x 23 x0.18)
=$111.78
Net gain= 160.96-111.78
= $49.18
Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.
<h3>Which city should Kari see?</h3>
Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.
- The first step is to convert the amount budgeted to Euros: 585 x 0.6859 = 401.25
- Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
- Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
- Total cost of the sightseeing = £48.74 + £77.77 + £68.77+ £95.41 + £49.69 + £60.85 = £401.25
To learn more about exchange rate, please check: brainly.com/question/13717814
#SPJ4
Answer:
The answer is $793.50
Explanation:
To solve this, we will use the annual interest formula for simple interest, which is:
A = P(1 + <em>rt</em>)
Where:
- A is the final amount including principal
- P is the principal amount = $750
- <em>r</em> is the rate per year = 2.9% or 0.029 (that is 2.9 divided by 100)
- <em>t</em> is the number of years = 2 years
Next, we input these into the equation as follows:
A = 750(1 + 0.029 x 2)
A = 750(1 + 0.058)
A = 750(1.058)
A = 793.5
Therefore, Susan earns $793.50
That statement is False
Everyone should separate their work problems and personal conflict and try their best not to let one affect the other
Often time, personal conflict ( such as a dispute with a co-worker) will cloud one's judgement and make him/here not making the best and rational work decision