Business, 01.11.2019 05:31 radaishasmithoxngbj

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 6000 units per year. the cost of each unit is $100.00, and the inventory carrying cost is $10.00 per unit per year. the average ordering cost is $30.00 per order. it takes about 5 days for an order to arrive, and demand for 1 week is 120 units (this is a corporate operation, there 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 and holding inventory?
f. what is the total annual inventory cost, including cost of the 6,000 units?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 08:30

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

Answers: 1

Answer

Business, 22.06.2019 11:10

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

Answer

Business, 22.06.2019 21:00

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?

Answers: 2

Answer

Business, 22.06.2019 22:00

He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.

Answers: 2

Answer

You know the right answer?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain wit...

Questions