a cake factory can produce cakes at the rate of 500 per day. the factory supplies its cakes to local grocery stores at a rate of 250 per day. the cost to prepare the equipment for producing the cakes is $20. annual holding costs are $2 per cake. assume that the factory operates 250 days a year. 9) refer to the information above. what is the optimal epq? a) 1389 b) 1425.68 c) 1250.27 d) 1000 e) 1581.14

Answers

Answer 1

Note that given the above information, the optimal Economic Production Quantity (EPQ) is 1581.14 (Option E)

What is optimal Economic Production Quantity?

Optimal economic production quantity (EPQ) is a concept in economics and operations management that refers to the level of production that maximizes a company's profits while taking into account the costs of production.

To compute EPQ, we know that:

EPQ (Economic Production Quantity) = √ (2×D×K) / H×(1-D/P)

We also know that:

Requirement yearly (D) = 250 cakes per day × 250 days in a year = 62,500 cakesProduction yearly (P) = 500 cakes per day × 250 days in a year = 125,000 cakesCost to produce the cakes (K) = $20Annual holding cost per cake (H) = $2Number of days in a year = 250 days

Thus, EPQ = √ (2×62,500 × $20) / $2 (1-62500/125000)

= √$2,500,000 / $2 (0.5)

= 1581.13883008

EPQ $\approx$ 1581.14

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Related Questions

This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65

Answers

The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.

What is the use of production possibilities curve in economics?

The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.

Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.

Answers

This true is because the digital marketing mix is indeed important for companies as it provides a variety of tools and tactics that can help them effectively reach and engage with their target markets in a more efficient and cost-effective way compared to traditional marketing methods. The correct option to this question is A.

Digital marketing channels such as social media, email marketing, search engine optimization, and content marketing allow businesses to connect with their customers on a more personal and interactive level, which can lead to higher engagement, brand awareness, and sales.

The digital marketing mix is a crucial component of any modern marketing strategy and can provide businesses with a competitive edge in today's digital landscape.

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Investors generally view which of the following as the measure most indicative of company success?
Multiple Choice
Liquidity
Solvency
Employee satisfaction
Profitability

Answers

Answer:

Investors generally view profitability as the measure most indicative of company success. Profitability represents a company's ability to create earnings and financial returns, which is an important component in assessing its performance and growth prospects.

Which of the following is not one of the 3 major ways to save for retirement
that were discussed in class?
O a. Saving and investing throughout your life
O b. Getting paid via benefits from social security
O d. Liquidating the majority of your assets into cash
O c. Leveraging benefits from your previous job

Answers

The option that is not one of the 3 major ways to save for retirement discussed in class is option

(d) liquidating the majority of your assets into cash.

What is a better way to save for retirement

This is not a sustainable strategy for retirement savings as it involves selling off assets that could potentially generate income and growth over time.

The three major ways to save for retirement are:

a. Saving and investing throughout your lifeb. Getting paid via benefits from social securityc. Leveraging benefits from your previous job (such as a pension plan or 401(k))

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Why do you think it is important to understand GDP?

Answers

GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well

If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above

Answers

If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.

What is high blood pressure?

High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.

Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.

If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.

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There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
A
Maintenance.
B
Registration.
C
Inspection.
D
Arbitration.

Answers

The answer will be -B-

The cost is the defined amount or sum of money that is incurred in the firm from the stage of production to the stage of selling and distributing the goods and services to the market for the customers.

The correct answer is C Inspection.

Option C Inspection is correct because it does not incur any of the expenses while owning a car. This is because the inspection is done free of cost at the service center to look after the condition of the vehicle.

Options A, B, and D are the wrong ones because they are to be paid at a certain period of time because it is the expense that we incur while owning a car.

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Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team.

Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences?

A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers.
A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news.
A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.

Answers

The correct option is- A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.

Explain about the eligibility to become police officer?Before being sworn in as a police officer, candidates must complete training at the police academy. A high school diploma or GED is required for admission to a police academy for training, as well as other screenings like psychiatric exams and drug tests.

The interest and achievements of Kyle are-

Kyle is putting in a police officer application.

He says in his interview that he enjoys catching up on news and keeping up with current events. He describes himself as being sincere, considerate, sensitive, and possessing a strong sense of integrity. He continues by saying that he often practises hand-to-hand combat and is in superb physical shape. He introduces himself as an officer with the Police Explorers, a team that trains and patrols with the neighbourhood police. Additionally, he tells them that his mock trial team reached the state finals and that he graduated just at top of his class.

The table is a complete listing of Kyle’s self interests, talents, successes, values, and life experiences.

a 5-row, 2-column table. Personal interests, Skills, Achievements, Values, and Experiences are listed in Column 1.The entries in Column 2 include the words honest, caring, compassionate, and have integrity. They also include the words mock trial finalist, grades, physical condition, and training.

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What is the best definition of a credit report?

Answers

A credit report is a detailed summary of an individual's credit history, including credit accounts, payment history, credit inquiries, and public records such as bankruptcies and tax liens. It is used by lenders, landlords, and other entities to evaluate an individual's creditworthiness and ability to repay debts. The report is compiled by credit reporting agencies, also known as credit bureaus, based on information obtained from creditors, public records, and other sources. The information on a credit report is used to calculate a credit score, which is a numerical representation of an individual's creditworthiness.

An individual's credit history, comprising credit accounts, payment history, credit inquiries, and public records like bankruptcies and tax liens, are all summarized in a credit report.

Lenders, landlords, and other organizations use it to assess a person's creditworthiness and capacity to pay back obligations. Credit reporting companies, commonly referred to as credit bureaus, generate the report using data gathered from creditors, public records, and other sources.

A credit score, which is a number that represents how creditworthy a person is, is created using the data on a credit report.

As a result, the significance of the best definition of a credit report are the aforementioned.

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Identify and briefly describe the basic steps in performance appraisal.
What are the fundamental goals of performance appraisal?
Summarize the roles of the organization, the rater, and the ratee in the performance appraisal process.

Answers

Performance appraisal is an essential activity that organizations use to evaluate employees' job performance. It involves setting clear goals and standards for employees, providing feedback, and assessing how well they have achieved their objectives.

The following are the basic steps in performance appraisal:Establish performance expectations: This involves defining the job responsibilities, setting performance goals, and providing employees with clear performance expectations.Ongoing feedback: Managers should provide employees with regular feedback on their performance throughout the year. This feedback should be timely, specific, and constructive.Performance evaluation: At the end of the performance period, managers should conduct a formal evaluation of each employee's performance using a performance evaluation form.

This form should provide a comprehensive review of the employee's strengths and weaknesses.Goal setting: After evaluating the employee's performance, the manager and the employee should discuss their goals for the next performance period. This process should be a collaborative effort, with both parties agreeing on the employee's job responsibilities and performance objectives.The fundamental goals of performance appraisal are to improve employee performance, enhance employee motivation and job satisfaction, identify training and development needs, and facilitate communication between employees and managers.

The organization plays a crucial role in performance appraisal by providing a clear understanding of the company's goals, values, and culture. The rater (manager) has the responsibility of evaluating employee performance, providing feedback, and developing performance goals and objectives. The ratee (employee) is responsible for meeting job expectations, participating in performance discussions, and setting personal goals and objectives.

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which of the following is not an accurate statement regarding the retirement of debt?

Answers

The retirement of debt refers to the process of fully repaying or redeeming outstanding debt obligations.

It typically occurs when a borrower makes the final payment on a loan or bond, thereby eliminating the debt from their financial liabilities. Debt retirement can be accomplished through various means, such as making regular installment payments until the debt is fully repaid, executing a lump-sum payment to settle the debt in one go, or refinancing the debt by replacing it with new debt obligations.

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Which of the following is not an accurate statement regarding the retirement of debt?

A) When debt is retired before the maturity date, a loss occurs if the market rate of interest increased subsequent to the issue of the bond.

B) When debt is retired before the maturity date, a gain occurs if the market rate of interest increased subsequent to the issue of the bond.

C) The gain or loss on the extinguishment of debt is categorized on the income statement as part of continuing operations.

D) When debt is retired on the maturity date, the book value is always equal to the market value.

why meta asks many managers to get back to making things or leave?

Answers

Meta, has a culture of prioritizing rapid innovation and growth. The company is constantly seeking to develop and launch new products and features, and it values individuals who can move quickly and adapt to change.

As the company has grown, it has become more bureaucratic, which can sometimes impede its ability to move quickly. In order to maintain its focus on innovation and growth, Meta has sometimes asked managers who are not directly contributing to these goals to either get back to making things or leave the company. This approach is meant to ensure that the company has a high-performing workforce that is aligned with its mission and values.

Additionally, Meta's leadership believes that having a flat organizational structure helps it to move more quickly and stay focused on its goals. By minimizing the number of managers and ensuring that everyone is focused on creating value for users, the company is better positioned to innovate and compete in the fast-paced technology industry.

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Not recording an adjusting entry for accrued revenue will result in?

Answers

Not recording an adjusting entry for accrued revenue will result in: an understatement of revenues as well as an understatement of assets.

What is accrued revenue?

Accrued revenue can be defined as the revenue that has been incurred for providing goods and service but in which cash has not yet been received.

If a company does not record an adjusting entry to accrue a revenue this tend to result in an understatement of revenues as well as an understatement of assets.

Therefore Not recording an adjusting entry for accrued revenue will result in: an understatement of revenues as well as an understatement of assets.

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In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute references as needed

Answers

Answer:

=G4*$I$1

Explanation:

Answer:

=Table1[Streaming Revenues]-Table1[Donation]

Explanation:

which of these characteristics of an applicant is not taken into consideration when assessing risk for insurance coverage?

Answers

Insurance companies assess various factors when determining the risk associated with providing coverage to an applicant. These factors help them estimate the likelihood of the applicant making a claim and the potential cost of that claim. Some common characteristics considered during risk assessment include:

1. Age

2. Gender

3. Health status

4. Occupation

5. Driving record (for auto insurance)

6. Smoking status (for health and life insurance)

7. Credit history (for some types of insurance)

8. Location (e.g., for property insurance)

9. Past insurance claims history

10. Coverage amount and type requested

However, certain characteristics, like race, ethnicity, religion, and other protected characteristics, should not be taken into consideration when assessing risk for insurance coverage. Discrimination based on these protected characteristics is prohibited by law in many countries, as it goes against the principles of fair and equal treatment. Insurance companies aim to use actuarial data and statistical analysis to assess risk accurately, ensuring that the factors considered are relevant and non-discriminatory.

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Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this month, $35,000 on a 10 year student loan, and $120,000 on a 30 year home mortgage. What is Steve's total for current liabilities

Answers

Answer:

US$ 175.700

Explanation:

Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this

Based on the given information, the total of Steve Marks's current liabilities is 20,700.

What is Current liability?

The simple payments that are outstanding within a year or during the course of a typical business cycle are known as current liabilities. These are the sums that each person or business must pay each year.

The formula for calculating the current liability is

Total current liabilities=Medical bills+Public utility+dental Bill

As given

Medical bills=$20,000

Public utility=$300

Dental bill=$400

In the given case, the student loan and home mortgage are excluded as they are not considered as current liabilities of the business payable in a year.

Current liabilities=$20,000+$400+$300

Current liabilities=$20,700

In conclusion, Steve Marks's current liabilities are $ 20,700.

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sell primarily to retailers and provide a full range of services.

Answers

As a business focused on selling primarily to retailers and providing a full range of services, you have the opportunity to offer comprehensive solutions and support to your retail partners.

Here are some key points to consider the business when selling your services to retailers:

1. Diverse Product Range: Ensure that you offer a wide selection of products that cater to the specific needs and preferences of your retail customers.

2. Competitive Pricing: Offer competitive pricing to retailers, taking into account their profit margins and market trends.

3. Reliable Supply Chain: Establish a robust and efficient supply chain to ensure timely delivery of products to retailers.

4. Marketing and Merchandising Support: Assist retailers in promoting and merchandising your products effectively.

5. Training and Education: Offer training programs and educational resources to retailers to enhance their knowledge of your products.

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27. Many organizations do not have a formal trouble reporting system. Why do you think this is the case?

Answers

Many organizations may not have a formal trouble reporting system for several reasons. One primary factor could be a lack of awareness regarding the benefits of such a system. Organizations might underestimate the importance of tracking and resolving issues in a systematic manner, which could lead to inefficiencies and dissatisfaction among employees and stakeholders.

Another reason could be the perceived complexity and cost associated with implementing a formal trouble reporting system. Organizations might assume that setting up such a system requires significant resources, both in terms of time and financial investment. This perception might discourage them from establishing a systematic approach to handling issues. Additionally, some organizations may rely on informal methods of reporting trouble, such as personal communication or ad hoc meetings, believing that these are sufficient for addressing problems. In reality, these methods may not be as effective as a formal system in terms of providing transparency, accountability, and traceability. Lastly, organizational culture and resistance to change could also play a role. Employees and management might be accustomed to existing processes and resistant to adopting new systems, especially if they believe that current methods are working well.

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Fill in the blanks Domain 2 lesson 3

Answers

Developing a sales presentation is part of the preparation step of a sales process.

What is involved in preparation step of a sales process?

The preparation step of a sales process is crucial in ensuring the success of the sales interaction. In this stage, the salesperson researches the potential client, their needs and preferences, and prepares a strategy for approaching them.

All these includes gathering information on the client's industry, competitors, and business objectives. The salesperson should also research the client's budget and purchasing power to ensure that the product or service they are offering is a good fit.

In addition, the salesperson should prepare a presentation or proposal that highlights the unique value proposition of their product or service and how it can meet the client's needs.

Full question "Fill in the blanks Domain 2 lesson 3. Developing a sales presentation is part of the ________ step of a sales process. [Elements of a Sales Process]

Answers

When a negative externality exists in a market, how does the cost to producers compare with The cost to producers will be less than the cost to society. Hence, option C is correct.

What is negative externality exists in a market?

Negative externalities indicate that not all costs are borne by the producer, which leads to excess production. Positive externalities reduce output since the customer does not receive the full advantages of the good.

When a third party incurs expenses as a result of the creation or consumption of a good, this is known as a negative externality. Negative externalities are frequently shown by instances of air and noise pollution. Private markets will overproduce when there are negative externalities.

Thus, option C is correct.

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What is the solution to this equation x+15=28

Answers

Answer:

Explanation:

Trust me

tools - machinery - and infrastructure are classified under the resource category of

Answers

Tools, machinery, and infrastructure fall under the resource category in various industries and sectors. They are essential assets that enable the production, development, and maintenance of goods and services.

Tools, machinery, and infrastructure are vital resources that support economic activities across different sectors. In manufacturing, tools and machinery encompass a wide range of equipment, from hand tools to complex industrial machines, used in production processes. They play a crucial role in enhancing efficiency, precision, and output levels. Infrastructure refers to the physical structures and systems necessary for the functioning of a society, including transportation networks, power grids, communication systems, and buildings.

It provides the framework for economic activities by facilitating the movement of goods, services, and people. Well-developed infrastructure enables businesses to operate smoothly, connect with markets, and reach customers efficiently. Overall, tools, machinery, and infrastructure are key resources that contribute to economic growth, productivity, and development in various industries.

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what is one disadvantage of not having a checking account?

Answers

Answer:

A disadvantage could be paying the bills in person, having to pay bills AND gas money.

what are the applications of brainstorming

Answers

brainstorming helps teams generate a large number of thoughts quickly- hope this helps!

pros and cons of franchises??

Answers

Pro 1: Franchises come with a ready-made business plan.

Pro 2: Starting a franchise can make it easier to secure financing.

Con 1: Franchises can come with high start-up costs.

Con 2: You have less flexibility with a franchise.

suppose yummy treats bakery issues common stock in exchange for a building. yummy treats bakery should record the building at

Answers

Based on the information given Yummy Treats Bakery should record the building at its market value.

What is market value?

The market value of an asset is the price it would get in the marketplace. Market value is also widely used to refer to a publicly listed company's market capitalization, which is calculated by multiplying the number of outstanding shares by the current share price. The price of an asset at fair market value is the price at which both buyer and seller have reasonable knowledge of the asset and are willing and unpressured to deal. Enterprise value (EV) is a complete alternative to equity market capitalization that measures a company's overall value.

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Explain the concept of inter cropping in brief . (5) note: it should be of 5 marks

Answers

Answer:

Inter cropping is a type of multi cropping where the farmer cultivates two or more crops in a field simultaneously. Inter croping is a sustainable practice that can improve resource-use efficiency, such as nutrients and water, allowing low input agricultural practices.

Explanation:

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In response to the greatest financial crisis since the Great Depression of the 1930s, the ______ administration proposed to overhaul regulation and increase oversight of the financial system.

Answers

Answer:

In response to the greatest financial crisis since the Great Depression of the 1930s, the Obama administration proposed to overhaul regulation and increase oversight of the financial system.

Explanation:

Hope this helps!

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Celebrities can appeal to ethos when they promote products that

A. are related to their field.

B. people want to buy.

C. might help people.

D. are not well known.

Answers

Answer:

B because what celebrity won't they love money

Answer:

Explanation:

BEcause celebs

A large three-car detached garage is constructed on a homesite at a cost of $65,000. The appraiser researches the market and finds that this garage only adds $30,000 in value to the property. Which valuation principle does this demonstrate?

Answers

"A large three-car detached garage is constructed on a homesite at a cost of $65,000. The appraiser researches the market and finds that this garage only adds $30,000 in value to the property." The valuation principle does demonstrate is a contribution. This is further explained below.

What is contribution?

Generally, contribution is simply defined as the provision of something (as in money or effort) as a proportional share.

In conclusion, contribution is a major valuation principle.