Question: Calculate EOQ ( approx . ) from the following details: Annual Consumption: 2 4 0 0 0 units Ordering cost: R 1 0 per order

Calculate EOQ (approx.) from the following details:
Annual Consumption: 24000 units
Ordering cost: R10 per order
Purchase price: R100 per unit
Carrying cost. 5%
Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units

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 Accounting Questions!

Q:

please guide on this question Q.10. Sunk costs are: (a) relevant for decision making (b) Not relevant for decision making (c) cost to be incurred in future (d) future costs Q.11. Describe the method...

Q:

please guide on this question Q.16. Calculate value of closing stock from the following: Opening stock of finished goods (500 units) : Rs. 2,000 Cost of production (10000 units) : Rs. 50,000 Closing...

Q:

Please provide detailed answer, thanks Q.28. Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units Ordering cost: Rs. 10 per order Purchase price: Rs. 100 per unit...

Q:

Calculate EOQ ( approx ) from the following details: Anual consumption: 2 4 0 0 0 units, Ordering cost: R 1 0 per order, Puchurse price: R 1 0 0 per unit

Q:

Whirlygig plc manufactures and markets automatic dishwashing machines. Among the components which it purchases each year from external suppliers for assembly into the finished article are window...

Q:

calculate EOQ ( approx . 0 ) from the following details: Annual consumption 2 4 0 0 units, Ordering cost: R 1 0 per order, Purchasing price: R 1 0 0 per unit, Carrying cost: 5 %

Q:

calculate EOQ ( approx . 0 ) from the following details: Annual consumption 2 4 0 0 units, Ordering cost: R 1 0 per order, Purchasing price: R 1 0 0 per unit, Carrying cost: 5 %

Q:

calculate EOQ ( approx . 0 ) from the following details: Annual consumption 2 4 0 0 units, Ordering cost: R 1 0 per order, Purchasing price: R 1 0 0 per unit, Carrying cost: 5 %

Q:

URGENTTTT !!!!!!!! PLEASE ANSWERR ASAPPPP!!!!!! (c) Inventory Manager at Jeneris Maju Sdn Bhd has the following information to calculate the company's inventory levels. Such informations are: The...

Q:

*** Please attach the Excel solution for the data below. A Walmart Distribution Center purchases 120,000 bottles of Tylenol annually at a relatively constant rate. Orders for more Tylenol can be...

Q:

Barnett Inc. purchased computer equipment on March 1, 2014, for $31,000. The computer equipment has a useful life of five years and a residual value of 51,000. Barnett uses a double declining-...

Q:

Callman Corp. has the following stockholders equity information: Callmans charter authorizes the company to issue 10,000 shares of 6% preferred stock with par value of $90 and 750,000 shares of...

Q:

The objective of this paper is to design a portfolio that intentionally seeks to exposure itself to the risk associated with the book to market. The Three factor model proposed by Fama and French in...

Q:

The creators of the garbage can model have identified four streams that contribute to a somewhat random pattern of organizational decision making. These four streams are: a . Problems, potential...

Q:

Early in August an undergraduate college discovers that it can accommodate a few extra students. Enrolling those additional students would provide a substantial increase in revenue without increasing...

Q:

Shirley Ferguson, an insurance broker, believes that for a particular contact the probability of making a sale is 0.4. If the random variable X is defined to take the value 1 if a sale is made and 0...

Q:

4.28 A factory manager is considering whether to replace a temperamental machine. A review of past records indicates the following probability distribution for the number of breakdowns of this...