Richardson Paper manufacturers produces a high quality and large size paper. The cost of prepare a production run for this paper is $10 per run. The inventory carrying cost for this paper is $1.00 per square yard per year. The annual demand for this paper is 6,000 square yards. The manufacturing facility produces this paper 300 days per year and the plant can produce the paper at a rate of 60 square yards per day. a. What is the optimum quantity of paper to produce

What are six resources for you decide which type of business to start and how to start it?

Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $