Otieno runs a wine olub. He buys six different types of wines in cases of 12 and sells the wine in cases of six, each case containing one bottle of each type
Purchase cost per cost of 12
Sh
Valpolicella
18.00
Bardolino
Lebfraumilch
Niersteiner
21.00
Bereich bernkastel
Plesporter
Selling price per case of 6
12.00
Variable distribution cost per case
0.50
Annual fixed expenses
Storage
2000
Wages
1000
Hint: consider each question independently by give answers rounded off to 2 decimal places
Required
a. What is the annual break-even point in sales revenue and on unit sales
Break-even units
Break-even sales
b. If 3800 cases were sold in the year what would Otienos profit be​

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 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the 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 inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold