a. What is the EOQ for a firm that sells 5,000 units when the cost of placing
Question:
b. How long will the EOQ last? How many orders are placed annually?
c. As a result of lower interest rates, the financial manager determines the carrying costs are now $1.80 per unit. What are the new EOQ and annual number of objects?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (22 reviews)
a EOQ 2SOC 5 250005350 5 1195 units b Annual number of o...View the full answer
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo
Question Posted:
Students also viewed these Accounting questions
-
A large distributor of oil-well drilling equipment operated over the past two years with EOQ policies based on an annual holding cost rate of 28%. Under the EOQ policy, a particular product has been...
-
Use this information to compute the following: FunTime Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including Charleston,...
-
A What is the modified equity method? When might a company choose to use the modified equity method rather than the fully adjusted equity method?
-
Determine the largest force P that can be exerted at the jaws of the punch without exceeding a stress of 16 ksi on section m-n of the frame.
-
Solve the following equations. 3x + 5y = 11 2x- y=16
-
Calculate the output voltage developed by the circuit of Fig. 10.68 for R( = 330 k(. Re 33 k 22 k2 05V Ve FIG. 10.68 Problems 89, and 25
-
Rossman [1994] presents an interesting study of average life expectancy of 40 countries. Table B. 16 gives the data. The study has three responses: LifeExp is the overall average life expectancy....
-
ADJUSTING NET INCOME FOR CHANGES IN CURRENT ASSETS AND CURRENT LIABILITIES Lloyd Company reported net income of $25,000 for 20-2. The December 31 balances of the current assets and current...
-
Terry and Terri did not know a lot about each other before they got married so they did not find out that one of them has poor credit. The interest rate will be higher because of a low credit score....
-
Stang Corporation issued to Bradley Company $400,000 par value, 10-year bonds with a coupon rate of 12 percent on January 1, 20X5, at 105. The bonds pay interest semiannually on July 1 and January 1....
-
The following structure of interest rates is given: Term of Loan Interest Rate 1 year....... 3% 2 years....... 4% 5 years....... 6% 10 years....... 8% Your firm needs $2,000 to finance its assets....
-
Given the following information: Annual sales in units....... 30,000 Cost of placing an order..... $60.00 Per-unit carrying costs....... $ 1.50 Existing units of safety stock.... 300 a. What is the...
-
The time dependence of electrical disturbances in good conductors is governed by the frequency-dependent conductivity G.58). Consider longitudinal electric fields in a conductor, using Ohm's law, the...
-
Discuss how any four (4) Jamaica Labour Laws contribute to organizational effectiveness and harmonious relationships between employers and employees. (20 marks)
-
Select an International Employment and Labour Law. From the International Legislation that you have selected you have to locate the Chapter related to Employment and Labour Law. Select the subject...
-
Find the the following in Maybelin product. - Regulations & Labour laws - Misleading Advertisements - Unionized Employees - Lawsuits for aircraft failure - Safety Standards - Quality Standards
-
With the traveler's information, from Las Vegas to Miami, FL on 15th of April, leaving around 2p. Return on 21st of April departing around 4p, how would you add the entry to add the ticketing time...
-
What is the act of comparing the amount of a balance sheet account in one year to the amount for the same account in a prior year?
-
An air-conditioning system, powered by solar energy, is being designed to maintain the temperature inside a house at 20 C against a temperature of 30 C of the surroundings. Solar panels will be used...
-
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
-
One must be alert enough to note the aggressive capitalization of costs when a company writes off costs that were formerly capitalized. True/False
-
The following bond investment transactions were completed during 2010 by Torrence Company: Jan. 21. Purchased 30, $1, 000 par value government bonds at 100 plus 20 days accrued interest. The bonds...
-
On May 1, 2010, Carly Company purchased $84,000 of 5%, 12-year Baltimore Company bonds at par plus 2 months accrued interest. The bonds pay interest on March 1 and September 1. On October 1, 2010,...
-
On February 17, Asher Corporation acquired 3,000 shares of the 100,000 outstanding shares of Dan Co. common stock at $28.90 plus commission charges of $300. On July 11, a cash dividend of $0.95 per...
-
Choose from the following topics to create discussion: Humanity and the Natural Environment Housing and Home Furnishings Privacy and Socializing
-
On December 31, 2020, Pearl Company had $1,101,000 of short-term debt in the for January 21, 2021, the company issued 22,800 shares of its common stock for $42 per brokerage fees and other costs of...
-
During your interview process for the position of program manager for Booker, Tee, and How you are asked to explain the relationship between cost, schedule, and performance? what is your answer to...
Study smarter with the SolutionInn App