Business, 07.04.2020 22:33 xavier1283
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6 comma 100 units per year. The cost of each unit is $98, and the inventory carrying cost is $9 per unit per year. The average ordering cost is $29 per order. It takes about 5 days for an order to arrive, and the demand for 1 week is 122 units. (This is a corporate operation, and there are 250 working days per year). a) What is the EOQ? 198.27 units (round your response to two decimal places). b) What is the average inventory if the EOQ is used? 99.14 units (round your response to two decimal places). c) What is the optimal number of orders per year? 30.76 orders (round your response to two decimal places). d) What is the optimal number of days in between any two orders? 8.12 days (round your response to two decimal places). e) What is the annual cost of ordering and holding inventory? $ nothing per year (round your response to two decimal places).
Answers: 3
Business, 22.06.2019 06:40
At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.
Answers: 1
Business, 22.06.2019 21:20
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
Business, 23.06.2019 02:50
Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.
Answers: 1
Business, 23.06.2019 04:00
How do i make quick money as a 13 year.old with no alouence.
Answers: 1
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain wit...
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