The EOQ for an item is 800 units, and the annual usage is 2300 units. What is

Question:

The EOQ for an item is 800 units, and the annual usage is 2300 units. What is the period order quantity?

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

Step by Step Answer:

Related Book For answer-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

See More Books

Question Posted: Jul 01, 2019 08:42 AM

See More Questions

A company decides to establish an EOQ for an item. The annual demand is 400,000 units, each costing $9, ordering costs are $35 per order, and inventory carrying costs are 22%. Calculate the...
A company wishes to establish an EOQ for an item for which the annual demand is $800,000, the ordering cost is $32, and the cost of carrying inventory is 20%. Calculate the following: a. The EOQ in...
Refer to problem 10.3. The supplier offers a 2% discount on orders of 5000 units. Calculate the purchase cost, the cost of ordering, the cost of carrying, and the total cost if orders of 5000 are...
From the information below, 1. List of the working capital accounts. 2. Calculate the net working capital. Buildings $100,000 Cash ... 5,000 Trade receivables ... 25,000 Trade and other payables .....
Why is the brilliance of an artificial diamond made of cubic zirconium (n = 1.9) distinctly inferior to the real thing (n = 2.4) even if the two are cut exactly the same way? How would an artificial...
Use the definition of the derivative to evaluate the following limits. lim h0 3+h (3 + h)h - 27 h
A project has been selected for implementation. The net cash flow (NCF) profile associated with the project is shown below. MARR is 10 percent/year. a. What is the annual worth of this investment? b....
Zebra Imaginarium, a retail business, had the following cash receipts during December 20--. The sales tax is 6%. Dec. 1 Received payment on account from Michael Anderson, $1,360. 2 Received payment...
Let G = (V,E) be a simple graph with |V| 2. The complement graph G of G is the simple graph whose vertex set is V and whose edge set consists of all the edges that have as endpoints nonadjacent...
Ricks English Hut (Ricks) is a restaurant located in North Myrtle Beach, South Carolina on a saltwater marsh, surrounded by stately oak trees. Ricks appetizers and entrees run the gamut, from tasty...
A company manufactures five sizes of screwdrivers. Ordering costs and carrying costs are not known, but it is known that they are the same for each size. At present, each size is produced four times...
Given the following net requirements, calculate the planned order receipts based on the period order quantity. The EOQ is 250 units, and the annual demand is 4200 units. Week 4 8. 5 6 Net...
For the data of Exercise 13.2.5, generate N = 12 bootstrap samples of size 10 each and find the bootstrap mean and standard deviation (standard error). In exercise 360 352 294 160 146 142 318 200 142...
How have expenses been trending? Are they growing or shrinking? Are administrative costs growing in relation to the program revenues? Statement of Activities Support and Revenue Total Support and...
A block of mass m = 8,9 kg slides on a rough surface and moves toward a spring with a spring constant k = 1495 N/m, as shown in the figure below. When the block is 22, 3 m away from the spring, it...
Suppose that X, Y are jointly continuous with joint probability density function fe(1-cosa c cos rcos y) if r, y = [0, ], {cu else f(x, y) = for some constant c. (a) Find the value of the constant c....
(b) Give the steps needed to show that: S 9 2--In (3) (x ln(x)) dx = 2 [4 marks]
N = A block of mass m slides on a rough surface and moves toward a spring with a spring constant k = 3601 N/m, as shown in the figure below. When the block is d 17,3 m away from the spring, it has a...
An archer aiming at a target is pulling with a 45-lb force on the bowstring. Assuming that the shape of the bow can be approximated by a parabola, determine the internal forces at Point J. 8 in. 16...
Digital Fruit is financed solely by common stock and has outstanding 25 million shares with a market price of $10 a share. It now announces that it intends to issue $160 million of debt and to use...
Distinguish among primary sewage treatment, secondary sewage treatment, tertiary sewage treatment, and septic tanks.
What are some major agricultural, industrial, and municipal water pollutants?
Why is chlorine added to drinking water? What is the potential problem with adding chlorine to drinking water?
In what ways do emerging technologies, such as blockchain or AI-driven analytics, offer novel solutions for enhancing accountability mechanisms within complex systems, and what are the associated...
In this project you will apply some of the principles of system design and implementation to develop a useful cash flow statement template using an electronic spreadsheet. You must prepare a...
43. Find the capacity, address, and data pins for the following memory organiza- tions. (a) 16K x 8 ROM (c) 64K x 8 SRAM (e) 64K x 8 ROM (g) 1Mx 8 SRAM (b) 32K x 8 ROM (d) 256K x 8 EEPROM (f) 64K x 4...

The EOQ for an item is 800 units, and the annual usage is 2300 units. What is

Question:

Step by Step Answer:

EOQ 800 units Usage 230...View the full answer

Introduction To Materials Management

Students also viewed these Earth sciences questions