Question: 37 Quantity Unit Price ($) 1-74 20 75 - 99 18.50 100 and above 15.75 Sound Business, Inc. is stocking a component for hearing instruments.

37 Quantity Unit Price ($) 1-74 20 75 - 99 18.5037 Quantity Unit Price ($) 1-74 20 75 - 99 18.5037 Quantity Unit Price ($) 1-74 20 75 - 99 18.50

37 Quantity Unit Price ($) 1-74 20 75 - 99 18.50 100 and above 15.75 Sound Business, Inc. is stocking a component for hearing instruments. Expected monthly demand for these components is 11 units. Ordering cost is $10 and annual holding cost is 5 percent of unit price per unit. The components can be purchased from the supplier with the offered price list below: Calculate the economic order quantity. m (2 points) 51.38 unit 53.42 units 57.90 units 59.95 units 42 Quantity Unit Price ($) 1-74 20 75 - 99 18.50 100 and above 15.75 Sound Business, Inc. is stocking a component for hearing instruments. Expected monthly demand for these components is 11 units. Ordering cost is $10 and annual holding cost is 5 percent of unit price per unit. The components can be purchased from the supplier with the offered price list below: Calculate the total annual cost if the EOQ is ordered. (2 points) $2494.29 $2500.28 $2691.38 $2700.18 50 Quantity Unit Price ($) 1-74 20 75 - 99 18.50 100 and above 15.75 Sound Business, Inc. is stocking a component for hearing instruments. Expected monthly demand for these components is 11 units. Ordering cost is $10 and annual holding cost is 5 percent of unit price per unit. The components can be purchased from the supplier with the offered price list below: Calculate the total cost if the order quantity is 100 units. (2 points) $2100.18 $2131.58 $2194.29 $2197.18

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!