Question: calculate the EOQ using the following data: annual demand = 26,250,000 ordering costs = 43 carrying costs = 33% 82709.788 82709 82710 none of these

  1. calculate the EOQ using the following data:
  2. annual demand = 26,250,000
  3. ordering costs = 43
  4. carrying costs = 33%
  5. 82709.788
  6. 82709
  7. 82710
  8. none of these

Do we have to round up, round down or leave the answer the way it is?

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!

Q:

Previous Question Info: calculate the EOQ using the following data: annual demand = 26,250,000 ordering costs = 43 carrying costs = 33% Answer this: if the annual demand is 23,250,000 and the EOQ is...

Q:

Marquis's Trophies makes trophies and plaques and operates at capacity. Marquis does large custonm orders, such as the participant trophies for the Mishawaka Little League. The controller has asked...

Q:

Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 26 units per day Average lead time = 42 days Item unit cost = $62 for orders of...

Q:

MGMT 339 - Final Examination Fall 2015 File 1.(6) The following table defines a project. Activit y A B C D E F G Immediate Predecessors A A B B, C E D, F Activity Time 5 days 9 days 8 days 6 days 4...

Q:

temental conditions, and waste disposal can be used in the fog model to improve inventory management dechon gue that semul derund for at indtrial chemicals 2.100 76, com os wat is $47, montate...

Q:

Here is all the information provided with the answers to Q 1 and 2. If someone could please help me with 3 and 4. There is no more information or references provided other than what is above. 3) This...

Q:

3. Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 26 units per day Average lead time = 33 days Item unit cost = $53 for orders...

Q:

Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 26 units per day Average lead time = 33 days Item unit cost = $53 for orders of...

Q:

7. Consider a piecemeal replenishment situation where the production rate is 100 units per day, the demand (consumption) rate is 4 units per day, and the economic production lot size is 500 units....

Q:

3. This question will have you calculating 2 different EOQ and ROP values and interpreting the results. For both EOQ and ROP, give your final answer in full sock sets (ROUND UP to the next whole...

Q:

Johnvo Photography was founded on 1 April and entered into the following transactions: 1st Issued shares to shareholders in exchange for $100000 cash 1st Purchased a camera (equipment) for $65000....

Q:

In 1908, W. S. Gosset published the article The Probable Error of a Mean (Biometrika, Vol. 6, pp. 125). In this pioneering paper, written under the pseudonym Student, Gosset introduced what later...

Q:

Consider a standard project whose NPV is exactly $ 0 . Which of the following is true of the same projecfs intemal rate of netim if he mequind nie of retum is 1 0 . 0 0 1 6 ? Not enough information...

Q:

You are considering constructing a luxury apartment building project that requires an investment of $15,500,000, which comprises $12,000,000 for the building and $3,500,000 for land. The building has...