A product has a demand of 2000 units per year. Ordering cost is $20, and holding cost is $2 per unit per year. The cost-minimizing solution for this product is to order:
Question 3 options:
every 100 days
100 units per order
10 times per year
200 units per order
all 2000 units per year
Answers
Option (d), A product has a demand of 2000 units per year. The ordering cost is $20, and the holding cost is $2 per unit per year. The cost-minimizing solution for this product is to order 200 units per order.
There are different costs that must be considered when deciding how much inventory to order, such as ordering costs and holding costs. Ordering costs are the expenses associated with the order and delivery of goods. Holding costs are the expenses associated with storing and maintaining inventory.
The economic order quantity (EOQ) formula can be used to determine the optimal order quantity that minimizes total inventory costs by balancing these two costs. The EOQ formula is as follows:
EOQ = square root of ((2DS) / H)
Where:
D = Annual demand
S = Ordering cost
H = Holding cost per unit per year
EOQ is the cost-minimizing solution for this product to order 200 units per order.
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Related Questions
URGENT HELP PLEASE
What are some of the reasons that excel is important in a finance career? Why is it important to learn tricks like shortcuts in excel? How is a program like excel better than doing math by hand or with a calculator?
Answers
Answer:
Excel is an important tool in finance as it allows for efficient organization, calculation, and analysis of large amounts of data. The ability to perform complex calculations and present data in a clear and organized manner can save time and increase accuracy compared to doing math by hand or with a calculator. Additionally, shortcuts in Excel allow users to work faster and more efficiently, enabling them to handle larger amounts of data and perform more advanced analysis. Overall, proficiency in Excel is a valuable skill in finance as it enables professionals to perform their job duties more effectively and efficiently.
Hope this helps.
when marginal cost is rising: group of answer choices average variable cost must be rising. average total cost must be rising. average variable cost and average total cost must be falling. both average variable cost and average total cost may be rising or falling.
Answers
When marginal cost is rising, both average variable cost and average total cost may be rising or falling.
The relationship between marginal cost and average cost is influenced by the cost structure and production efficiency of a firm. Marginal cost refers to the additional cost incurred by producing one additional unit of output. If marginal cost is rising, it means that the cost of producing additional units is increasing. This can be due to factors such as diminishing returns or increasing input costs.
Average variable cost represents the variable cost per unit of output, while average total cost represents the total cost per unit of output. If marginal cost is higher than both average variable cost and average total cost, it will cause these average costs to increase. However, if marginal cost is lower than the average costs, it will lead to a decrease in average costs.
Therefore, when marginal cost is rising, it does not necessarily imply a specific direction for average variable cost or average total cost. It depends on the specific cost structure and production conditions of the firm.
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Which of these feature debt securities or instruments with maturities of one year or less? a. None of these are correct. b. Primary Markets c. Over the Counter d. Markets Money e. Markets Secondary Markets
Answers
Money markets are securities or electronic debt instruments with a maturity of up to one year.
What are money markets?
Money markets include markets for instruments such as bank accounts, including time deposit certificates; interbank loans (loans between banks); money market funds; flyers; treasure goods; and securities lending and repurchase agreements. Money markets are unorganized markets. Financial institutions, banks, brokers and fund dealers trade for a short time.T Commercial paper, commercial paper, certificate of deposit, commercial credit, promissory note, promissory note, call money, etc. Here are some examples of money market instruments. The money market is a financial market where short-term commodities and mutual funds are traded between institutions and dealers.
The market offers very high liquidity as assets can be easily converted into cash. In this way, it helps companies and governments meet their working capital needs.
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If we observe a decrease in price of a good & an increase in the amount of the food bought & sold this could be explained by...
Answers
Answer:
Penetration pricing
Explanation:
Penetration pricing is a marketing strategy that is used to draw customers to a particular good or service by lowering its price. The reasons why companies use penetration pricing is to introduce a new product into the market by creating awareness and also to draw customers away from competitors that have their prices on the high side.
So, if we observe a decrease in price of a good & an increase in the amount of the good bought & sold this could be explained by penetration pricing.
The goal of this is to draw attraction from customers to the product and also keep them once the prices have been returned to their normal levels.
State 5 differences betweeen a stencil suplicator and a spirit duplicator
Answers
Answer:
spirit duplication is a method of reproducing documents where a spirit duplicator is used. The master copy is prepared from which copies are produced.
I hope is helpful
please i want to be a branalist
Explanation:
What was the first American bank?
Answers
The first American bank was the Bank of North America, which opened in 1781. The Bank of North America was the first bank to have been established in the United States and is widely considered to be the first American bank.
It was founded by Alexander Hamilton, the first Secretary of Treasury, and was the first financial institution to be chartered by the Continental Congress. The Bank of North America was created to help the young nation finance the Revolutionary War. It was designed to be a private, for-profit institution that could issue loans, accept deposits, and issue paper money.
The Bank of North America was granted the same privileges as a national bank, including the ability to issue its own paper currency. This was an important step for the new nation, as it enabled it to raise money and fund the war effort.
The Bank of North America also helped to establish a central banking system, which was an important part of the new government’s financial infrastructure.
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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answers
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answers
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
residual income is a better measure for performance evaluation of an investment center manager than roi because
Answers
Because attractive investment options won't be rejected by divisions that already have a high ROI, residual income is a better indicator of an investment center manager's performance than return on investment.
ROI or residual income—which is preferable?Additionally, it is best to use residual income when starting a new project because using ROI will eliminate all potential ventures. The rationale for this is because residual income maximizes income rather than return on investment, which gives lesser returns on the initial investment.
Why do you think residual income is preferable to return on investment?The management of businesses uses both the residual income and return on investment methodologies to choose what investments to undertake. Residual income emphasizes the success of an investment, whereas return on investment shows the percentage of return an investment or the total capital of a company is receiving.
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which statement best explains the relationship between points A and B?
Answers
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answers
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
Which of the following is not an example of professional behavior
?
Answers
find the of a triangle teo side of which are 18cm and 10cm and the perineter is 42cm
Answers
Answer:
42-18-10=14
Explanation:
The perimeter is 42 which is the whole thing added together and you have oneside that is missing so you would subtract the two side numbers that you already have from the whole thing.
Fancy Pineapple produces pineapple juice and canned pineapple rings. This year the company anticipates a demand of at least 36,000 pints of pineapple juice and 3,600 cans of pineapple rings. Each pint of pineapple juice requires 2 pineapples, and each can of pineapple rings requires 1 pineapple. The company anticipates using at least 72,000 pineapples for these products. Each pint of pineapple juice costs the company 16¢ to produce, and each can of pineapple rings costs 40¢ to produce. How many pints of pineapple juice and cans of pineapple rings should Fancy Pineapple produce to meet the demand and minimize total costs?
Answers
Therefore, Fancy Pineapple should produce 36,000 pints of pineapple juice and no cans of pineapple rings to meet the demand and minimize total costs.
To determine the optimal production quantities of pineapple juice and canned pineapple rings for Fancy Pineapple, we need to consider the demand requirements and production costs.
Let's denote:
x = Number of pints of pineapple juice to produce
y = Number of cans of pineapple rings to produce
Based on the given information, we have the following constraints:
Demand constraint for pineapple juice: x ≥ 36,000
Demand constraint for pineapple rings: y ≥ 3,600
Pineapple requirement constraint: 2x + y ≤ 72,000
We want to minimize the total costs, which consist of the production costs for pineapple juice and pineapple rings:
Total cost = (16¢ * x) + (40¢ * y)
Now, we can solve this problem using linear programming techniques.
Since the problem asks for the minimum total cost, we can set up the objective function as follows:
Minimize: Z = (16x) + (40y)
Using these constraints and the objective function, we can solve the linear programming problem to find the optimal values for x and y, which represent the quantities of pineapple juice and pineapple rings to produce.
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Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.
To match the items, click the item, and then click the section.
The amount you plan to spend on each promotional strategy.
Marketing message
The number of sales you plan to have in the next year.
Product description
Strengths and weaknesses of other companies that provide similar products.
Other marketing goals
The message about your product's benefits that you plan to convey to your target market.
Budget
The percentage of customers who say they are highly satisfied in your customer profile survey.
Competition
The qualities you want to have people associate with your product.
Pricing
A list of the product's features.
Market research
How the cost of your product will support your brand image and marketing message.
Brand image goals
A description of general economic trends and how they are likely to affect the target market.
Promotional strategies
Ways you will communicate with your target market.
Financial goals
Answers
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.
Explanation:
1. Budget: The amount you plan to spend on each promotional strategy.
2. Financial goals: The number of sales you plan to have in the next year.
3. Competition: Strengths and weaknesses of other companies that provide similar products.
4. Marketing message: The message about your product's benefits that you plan to convey to your target market.
5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.
6. Brand image goals: The qualities you want to have people associate with your product.
7. Product description: A list of the product's features.
8. Pricing: How the cost of your product will support your brand image and marketing message.
9. Market research: A description of general economic trends and how they are likely to affect the target market.
10. Promotional strategies: Ways you will communicate with your target market.
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.Explanation:
you have been instructed to destroy several old hard drives that contained confidential information, so you take them to a local company that specializes in this process. the it director wants confirmation that the drives were properly destroyed. what do you need to provide him with?
Answers
you need to provide him with a certificate of destruction.
In 1982, the German thrash metal group Destruction was founded. They are frequently referred to as one of the "Big Four" bands of German thrash metal, together with Kreator, Sodom, and Tankard. Destruction was a part of the second wave of thrash metal in the mid- to late 1980s, alongside American bands like Testament, Sacred Reich, Death Angel, and Dark Angel, and contributed to the creation of black metal by containing various aspects that would later make up the genre. The band had to self-produce its albums for the most of the 1990s because it was not signed to a record label, and they did so until they entered into an agreement with Nuclear Blast in the early 2000s.
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Fairmont company has shipped goods to willowbook recreation fob shipping point. fairmont will recognize sales revenue when?
A) Willowbrook has received the goods
B) the goods leave Fairmont's shipping dock
C) the customer has paid the invoice
D) Fairmont and Willowbrook agree that the revenue should be recognized
Answers
Option B) the goods leave Fairmont's shipping dock is the correct answer
When merchandise is purchased or sold "Free on Board" (FOB), the seller delivers the merchandise to a ship at a port that has been previously agreed upon by the vendor and the customer. The seller ships the merchandise. The import procedures and transportation to the ultimate location are subsequently handled by the customer. One of the first Incoterms is "Free on Board." It was one among the phrases when the Incoterms were first published in 1936 and dates back to a time when products were transported by sailing ships. It is also one of the phrases used in business the most.
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To make sure a department store card will help your credit history, what should you do? (Select the best answer.)
Find out the interest rate and compare it with other cards.
Make sure the company reports to the credit bureaus.
Avoid using the card.
Make a lot of purchases with the card, even if you can't pay them off in full each month.
Answers
The best answer is B. Make sure the company reports to the credit bureaus.Options A, C, and D are not effective strategies for ensuring that a department store card helps your credit history. While it's important to be aware of the interest rate (option A), it does not directly determine if the card will benefit your credit history.
Avoiding using the card (option C) or making a lot of purchases without paying them off (option D) can have negative effects on your credit if you accumulate debt or miss payments.
To ensure that a department store card will help your credit history, it is essential to confirm that the company reports your credit activity to the credit bureaus. Credit bureaus collect information on individuals' credit behavior and use that data to calculate credit scores. By reporting your credit card activity, such as on-time payments and responsible credit utilization, the credit bureaus can assess your creditworthiness and positively impact your credit history.
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Susan works for a salary of $3,600 per month. She has federal income tax withheld at the rate of 15%, Social Security tax at the rate of 6.2%, Medicare tax at the rate of 1.45%, and health insurance premiums of $48 per month. Susan also contributes to a savings plan. Each month, 2% of her gross pay is placed in the plan.
Answers
Answer:
$2,664.68
Explanation:
Salary $3,600
Overtime $0
Gross Pay:$3,600
Required Deductions:
Federal Tax(15%*3,600) $540
Social Security Tax(6.2%*3,600) $223.2
Medicare Tax(1.45%*3,600) $52.12
Voluntary Deductions:
Health Insurance 48
Union Dues $0
Retirement $0
Savings:( 2% *3,600)72
Other:
Total Deductions:935.32
Net Pay: (3,600-935.32) $2,664.68
Therefore Susan Net pay will be $2,664.68
Bill's bank charges $27.50 for overdraft fee and $3.50 for using an ATM out of network. Bill has $25 in his checking account at First Bank. Later that day he had a check clear his account for $50 and then added an ATM debit of $80. How much does Bill owe the bank. Explain your answer
Answers
Bill owes $36 the bank
As he has sum in his bank = $25
Cleared a cheque =$50
ATM Debit = $80
Total sum in bank = 25 + 50 - 80
Total sum in bank = -5
Now this $5 is overdraft for which bank charges $27.5
Also Bill used ATM service that costs $3.5
Total Sum he owe = 5 + 27.5 + 3.5
Total sum he owe = $36
What is Overdraft?
When an account reaches zero, a bank will lend a customer money through an overdraft to cover bills and other expenditures. A credit facility known as an overdraft allows for the withdrawal of funds from a current or savings account even when there is no money in the account or a balance as low as zero. A sort of bank credit limit expansion is the overdraft facility. It is argued that the permitted limit is "overdrawn."
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Visit to a Fast Food Place...
• Average Daily Spend - $5.00
• Per Week (5 days) –
• Per Month (4 weeks) -
• Per School Year (10 months) -
Submit number value
Answers
Per week: 5 × 5 = 25
Per month: (4 × 5) × 5 = 100
Per school year: (43.4524 × 5) × 5 = 1086.31
The following cash flows result from a potential construction contract for Erstwhile Engineering. 1. Receipts of $700,000 at the start of the contract and $2,100,000 at the end of the fourth year. 2. Expenditures at the end of the first year of $600,000 and at the end of the second year of $1,300,000. 3. A net cash flow of zero at the end of the third year. Using an appropriate rate of return method, for a MARR of 25 percent, should Erstwhile Engineering accept this project? Erstwhile Engineering accept the project because the rate of return is percent, which is the MARR. (Round to two decimal places as needed.)
Answers
The question is Erstwhile Engineering should not accept the project.
The appropriate rate of return method for determining whether a company should accept a project or not is the Present Worth Method.
The present worth factor (PWF) can be calculated using the formula:
(P/A, i, n) = (1 - (1 + i)^-n) / i
Where,
P/A, i, n are the present worth factor, interest rate and period respectively.
Using the given data, we can calculate the net present value (NPV) as follows:
NPV = PWF (R) x A
where
A is the amount of cash flows,
R is the rate of return and PWF is the present worth factor.
The given cash flows can be represented as below:
Outflows:
End of Year 1 = $600,000
End of Year 2 = $1,300,000
Inflows:
Start of Year 1 = $700,000
End of Year 4 = $2,100,000
Net Cash Flow at the end of year 3 = $0
To calculate the NPV, we have to calculate the present value of each of the cash flows and sum them up using the appropriate interest rate of 25%.
Therefore, using the present worth factor calculated, we can calculate the NPV as below:
NPV = [0.9346 x (-$600,000)] + [0.8734 x (-$1,300,000)] + [1 x $700,000] + [0.6830 x $2,100,000]
NPV = -$535,750.4
Since the NPV is negative, the company should not accept the project because it would result in a loss rather than a profit.
Hence, the correct answer to the question is Erstwhile Engineering should not accept the project.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Michael keeps hearing a lot about stocks, bonds, and other types of investments, but he has no idea where to begin when it comes to investing. He is looking for an expert help him take his money and make investment purchases for him. Which type of business will best fit Michael’s interests?
brokerage firm
web-only financial institution
stock-held savings institution
Answers
Answer:
stock-held savings institution
Explanation:
Answer:
Explanation:
brokerage firm
Help me please, i’ll give brainliest and 15 points!!!!
Answers
When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?
Answers
A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.
Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.
However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.
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A company evaluates its managers using management by objectives (MBO). All of the following are considered appropriate goals for measuring a division manager's efficiency for a budgeting period except
Budgeted operating income.
A targeted share of the market.
Earnings per share projections.
A reduction in the organizational structure (fewer employees doing a given amount of work).
Answers
All of the following are considered appropriate goals for measuring a division manager's efficiency for a budgeting period except: Earnings per share projections.
What's MBOManagement by objectives (MBO) is a performance evaluation method that focuses on setting and achieving specific objectives for managers.
While goals like budgeted operating income, targeted market share, and a reduction in the organizational structure are appropriate measures of a division manager's efficiency during a budgeting period, earnings per share (EPS) projections are not.
Budgeted operating income reflects the manager's ability to control expenses and generate profits, and targeted market share demonstrates the success in capturing a certain portion of the market.
A reduction in the organizational structure highlights efficiency in allocating human resources.
However, EPS projections are influenced by factors beyond a division manager's control, such as stock price fluctuations and overall company performance.
Therefore, it is not an appropriate measure for evaluating a division manager's efficiency using MBO.
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This is how you ask a question cuz uk some peeps dont know :)
Answers
Answer:
Ok
Explanation:
Nice to know.
Answer:
now that's how you ask a question kids
Why is issuing a receipt after a sale always important?
A. The receipt helps enforce separation of duties procedures.
B. The receipt is the only record that the sale was made.
C. Without a receipt you increase the likelihood of fraud or theft.
O D. Without a receipt you cannot return your purchase.
Answers
Answer:
D po sagot
Explanation:
i hooe it helps
carry on laering po ❤
Select the correct answer. What is a disadvantage in radio advertising?
A. It does not provide background effects.
B. It does not provide market segmentation.
C. It is very expensive.
D. The stations may be switched by listeners.
Answers
Answer:
D. The stations may be switched by listeners.
Explanation:
One of the main disadvantages of radio advertising is that listeners have the option to switch stations, which can result in missed advertisements. This can make it difficult for advertisers to ensure that their message reaches their intended target audience.
If you were a cosmetologist working in a spa and were 15 minutes late for your first appointment, how would that impact those you work with and the clients of the spa?
Answers
Considering the situation described above, the impact a 15 minutes lateness would cause those I work with and the spa's clients are "negative."
Who is a cosmetologist?A cosmetologist is a professional or permitted to deliver cosmetic treatments to the hair, skin, and nails.
Should a cosmetologist be late on his first appointment, such a person would delay the work of others he works with and delay the clients to get their work done on time.
Also, such lateness might change the mind of clients and those he works with towards him as unprofessional.
Hence, in this case, it is concluded that the impact would be negative.
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