Business, 19.10.2021 01:50 nikkierubio2007
Assume that you used the EOQ model to compute the order quantity for an item, and the answer was twenty (20) units. Unfortunately, the minimum lot size for the item you must purchase is twenty-four (24) units. Discuss how this is going to impact your annual holding cost, annual order cost and your TC (annual total inventory cost).
Answers: 3
Business, 21.06.2019 13:30
Yard tools manufactures lawnmowers, weed-trimmers, and chainsaws. its sales mix and unit contribution margin are as follows. sales mix unit contribution margin lawnmowers 20 % $30 weed-trimmers 50 % $20 chainsaws 30 % $40 yard tools has fixed costs of $4,200,000. compute the number of units of each product that yard tools must sell in order to break even under this product mix.
Answers: 3
Business, 21.06.2019 22:10
There are more than two types of bachelors’ degrees true or false?
Answers: 1
Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
Business, 22.06.2019 13:10
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 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?
Answers: 3
Assume that you used the EOQ model to compute the order quantity for an item, and the answer was twe...
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