2. (Total 25 points) The Garden-variety flower shop uses 9600 clay pots per year. The pots are purchased at $25 each. The annual holding costs are estimated to be 5.2% of unit cost, and
ordering costs are $60 per order.
(A) (10 points) Determine the economic ordering quantity (EOQ).
(B) (3 points) If EOQ is used for ordering, what will be the total holding cost per year?
(C) (2 points) What is the length of ordering cycle in days?
(D) (10 points) What will be additional cost per year if the manager adopts a policy of
ordering 800 units per order?

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.