Acompany operates 365 days a year and its annual demand for a product is 18,250 units. the company estimates that the standard deviation for daily demand is 15 units. the cost to place an order is $31.20 and the time from ordering to receipt is 36 days. the annual inventory carrying cost is $0.10 per unit. determine the optimal ordering quantity per order and find the reorder point necessary to provide a 98 percent service probability(z=2.06)

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.