subject
Business, 12.04.2021 21:10 stuckonquestions

A restaurant consumes wine at the rate of 50 bottles per day. Wine is purchased by the case and there are 13 bottles per case. The current ordering policy generates a total annual holding cost of $5020 and a total annual ordering cost of $3000. Next week the restaurant will switch from the current policy of purchasing 10 cases of wine in each order to purchasing wine based on the optimal FOQ. Which of the following will be a result of this switch in policy? a. Less than 10 cases of wine will be bought at a single time.
b. Total annual holding costs will increase.
c. Total annual inventory costs will increase.
d. Total annual ordering costs will decrease.
e. Both b) and d) will be results of this switch in policy.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
question
Business, 22.06.2019 11:10
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
question
Business, 22.06.2019 17:50
Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not
Answers: 1
question
Business, 22.06.2019 23:30
Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\
Answers: 3
You know the right answer?
A restaurant consumes wine at the rate of 50 bottles per day. Wine is purchased by the case and ther...
Questions
question
Mathematics, 18.03.2021 01:30
question
Computers and Technology, 18.03.2021 01:30
question
Mathematics, 18.03.2021 01:30
question
Mathematics, 18.03.2021 01:30
question
Mathematics, 18.03.2021 01:30
Questions on the website: 13722365