Given the following information about the Oriel Manufacturing Ltd inventory: estimated carrying cost at 15% and

Fantastic news! We've Found the answer you've been seeking!

Question:

Given the following information about the Oriel Manufacturing Ltd inventory:

• estimated carrying cost at 15% and its ordering cost at R9 per order

• estimated annual requirement is 48,000 units at a price of R4 per unit.

How many orders should be placed in a year?

Related Book For answer-question

College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

See More Books

Posted Date: Oct 13, 2023 06:18 AM

See More Questions

The following inventory data have been established for the Thompson Company: (1) Orders must be placed in multiples of 100 units. (2) Annual sales are 338,000 units. (3) The purchase price per unit...
The corner convenience store (CCS) gets its cool drinks delivered by a wholesaler at CCS, light cola sells at a rate of 40 six-packs per day. The shop is open 250 days per year. a six pack of light...
This is the formula that you will need to calculate the EOQ. The other answers in the case are pretty straightforward. Just read the case and answer the questions in a working document style in an...
What minimum force f , applied horizontally to the wheel axis, is needed to bring the wheel up to the height step h ? Tomer as the wheel radius and w as its weight. Tip: apply the equilibrium...
Which product, compound A, B, or C, would you expect to be formed when 1-methyl-1, 2-epoxycyclopentane of the absolute configuration shown is allowed to stand in methanol containing a few drops of...
Describe some of the specific and general environmental components that are likely to impact Starbucks.
Selenelion Ltd is a small manufacturing business. For the year ending 30 June 2024, the company achieved sales of $2 772 000 and a gross profit margin of 30%. Although satisfied with this result,...
Explore the data included in Table 4-9. Assume that the primary key of this relation consists of two components: Author's ID (AID) and Book number (BNbr). The relation includes data regarding...
In the last column for NYTD,figure out how NYT'sDNA elements will impact their performance. What DNA elements should NYTD keep, what should it jettison, and what should it change? A element...
In 2023, Deon and NeNe are married filing jointly. Deon and NeNes taxable income is $1,390,000 (all ordinary), and they itemize their deductions as follows: real property taxes of $10,000, charitable...
Sheelas Shoes Corp. has revenue of $300,000; costs of $120,000; depreciation of $20,000, interest expense of $8,000; relevant tax rate of 40% and a total of 120 shares outstanding. What are Sheelas...
Suppose rogers bond f=1000 , cr= 5.34 maturity= March 1 2027. interest /coupon payment dates are March 1 & September 1 Determine accrued interest of Tuesday jan 18 2021:
Sea Grove Beach Corporation is executing an IPO with the following characteristics. The company will sell 12 million shares at an offer price of $20 per share and the investment bank underwriting the...
Why is forecasting factor premiums necessary? Why doesnt this same logic apply to factor exposures?
(3) (8 pts) Using the explicit function f(x) given, write out (but do NOT calculate) the complete right Riemann sum R4 for f(x) = 1 +2|x on the interval [-2, 6]. No simplifi- cation nor final...
Should Financial Institutions Engage in Interest Rate Swaps for Speculative Purposes?
From the following data,Calculate: (1).P/V ratio (2).Break-even point (3).Sales to earn a profit of $ 280,000 Sales=$1,200,000 Variable cost=$780,000 Fixed cost=$140,000
From a medical tourist perspective, compare Shouldice with the traditional hospital in terms of the key factors of competition. Using Table 15-3, why would Shouldice attract patients from outside the...
Exercises 101103 will help you prepare for the material covered in the next section. Use the graph of function f to solve each exercise. Write the equation of the vertical asymptote, or the vertical...
Suppose that a survey of 350 college students is taken. Each student is asked the type of college attended (public or private) and the familys income level (low, middle, high). Use the data in the...
Solve: x 3 + 9x 2 + 16x - 6 = 0.
What is the quick (acid test) ratio? A. 0.9 B. 4.8 C. 0.8 D. 0.2 E. 1.7 Using the following balance sheet and income statement Balance sheet m Property 200 Trade payables Plant and equipment 300 Tax...
What is the receivables holding period? A. 21.6 days. B. 8 times. C. 19.4 days. D. 4.7 times. E. 28.2 days. Using the following balance sheet and income statement Balance sheet m Property 200 Trade...
The most appropriate measure of profitability from the point of view of the shareholders is: A. Return on equity. B. Return on capital employed. C. Return on non-current assets. D. Profit on sales.

Given the following information about the Oriel Manufacturing Ltd inventory: estimated carrying cost at 15% and

Question:

Expert Answer:

To determine how many orders should be placed in a year for the Oriel Manufacturing Ltd inv... View the full answer

College Algebra

Students also viewed these finance questions