Question: In the basic EOQ model, if annual demand is 5 0 , carrying cost is $ 2 , and ordering cost is $ 1 5

In the basic EOQ model, if annual demand is 50, carrying cost is $2, and ordering cost is $15,EOQ is approximately:
A.20
B.28
C.24
D.11
E.375
In the basic EOQ model, if annual demand is 50, carrying

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:

49) In the basic EOQ model, if annual demand is 50 units, canying cost is $2 per unit per year, and ordering cost is $15. what is the EOQ? Answer: 2?.39 Diff: 2 Page Rel: T52 Main Heading: The Basic...

Q:

1. Of the cost elements making up total inventory cost, which is the most difficult to estimate? A. Stockout costs. B. Holding costs. C. Carrying costs. D. Item cost. 2. The carrying cost for...

Q:

Multiple Choice Questions: 1.In a supermarket, a vendor's restocking the shelves every Monday morning is an example of: A. safety stock replenishment B. economic order quantities C. reorders points...

Q:

5) In adjusted exponential smoothing, the closer beta is to A-1 or 1 B)-1 C) 0 D) 1 the stronger a trend is reflected. 6) In the basic EOQ model, if annual demand is 250, carrying cost is $4 per unit...

Q:

The chair of the operations management department at Quality University wants to construct a control-chart for determining whether the four faculty teaching the basic OM course are in control with...

Q:

B MC Qu . 1 2 - 7 9 In the basic EOQ model, if annual demand is . . . the basic EOQ model, if annual demand is 5 0 , carrying cost is $ 2 , and ordering cost is $ 1 5 , EOQ is approximately Multiple...

Q:

please answer ASAP Part A) Multiple Choice Questions Choose the one alternative that best completes the statement or answers the question. [-3) Alter tallying the receipts for their first year of...

Q:

7) In the basic EOQ model, D - Annual Demand, Q - Order Quantity. The average inventory level is D/Q QD Q/2 d. None of the above Answer: The goal of the EOQ model is to minimize the order cost sum of...

Q:

Please use the following information to answer the following questions Order Cycle 1 2 3 4 5 6 7 8 9 10 Totals Demand 226 169 350 282 313 209 324 220 256 321 2670 Stockouts 0 1 0 0 5 25 0 50 0 0 81...

Q:

In the basic EOQ model, if annual demand is 250, carrying cost is $4 per unit per year, and ordering cost is $25, what are: The EOQ? The Total Minimum Annual Inventory Cost? A product has an annual...

Q:

QUESTION 2 Carigali Sdn Bhd employs Dave from London, as a chemical engineer. He arrived in Malaysia for the first time on 1 April 2013 and his contract with the company began on 1 May 2013. He left...

Q:

Below is the reaction you will be performing today: To perform the synthesis you will be using the following reagents: p -aminobenzoic acid (PABA) ethanol MR = 137.14 g/mol MR = 47.07 g/mol 0.80 g 10...

Q:

When a company pays cash to their jandlord for rent, this will be an operating activity on thestatement of cash fows.A . TrueB. False

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...