Business, 23.04.2020 18:24 emaliemcfalls1234
Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per bracket per year is $1.50 (or 10% of the unit cost) and the ordering cost per order is $18.75. There are 250 working days per year
A) What is EOQ?
B) Given the EOQ, what is the average inventory?
What is the annual inventory holding cost?
C) In minimizing cost, how many orders would be made each year? What would be the annual ordring cost?
D) Given the EOQ, What is the total annual inventory cost (including purchase cost)?
E) What is the time between orders?
F) What is ROP?
Answers: 3
Business, 22.06.2019 17:50
Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.
Answers: 2
Business, 22.06.2019 19:30
Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:
Answers: 1
Business, 23.06.2019 13:10
Barry owns a 50 percent interest in b& b interests, a partnership. his brother, benny, owns a 35 percent interest in that same partnership, and the remaining 15 percent is owned by an unrelated individual. during 2016, barry sells a rental property with a basis of $60,000 to b& b interests for $100,000. the partnership intends to hold the rental as inventory for resale. what is the amount and nature of barry’s gain or loss on this transaction?
Answers: 1
Business, 23.06.2019 17:20
Economic analysis indicates that it will be politically more attractive to a. enact expansionary fiscal policy during a recession than to enact restrictive fiscal policy during an economic expansion. b. enact expansionary fiscal policy during an economic expansion than to enact restrictive fiscal policy during a recession. c. enact restrictive fiscal policy during an economic expansion than to enact expansionary fiscal policy during a recession. d. raise taxes than to increase spending.
Answers: 3
Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relativ...
Mathematics, 16.09.2019 06:30
Mathematics, 16.09.2019 06:30
Mathematics, 16.09.2019 06:30
Chemistry, 16.09.2019 06:30
Mathematics, 16.09.2019 06:30
Computers and Technology, 16.09.2019 06:30
Social Studies, 16.09.2019 06:30
Mathematics, 16.09.2019 06:30