Question: Question 4- Compute economic order quantity if annual demand is 5000 units , ordering cost is Rs.30 per order and holding cost is Rs. 6

Question 4-

Compute economic order quantity if annual demand is 5000 units , ordering cost is Rs.30 per order and holding cost is Rs. 6 per unit per annum.

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:

Optimal order size ( Economic Order Quantity, EOQ ) = 1 , 5 5 8 . 1 2 units Monthly demand = 3 , 5 0 0 units Order cost = $ 2 5 0 per order Holding cost = $ 8 . 6 5 per unit per year Unit cost = $ 8...

Q:

Question 2: A retailer buys 2500 units of product A annually from its supplier. The unit holding cost of product A per year is $1.5, order cost is $18.75. Lead time is 2 days. Retailer runs the...

Q:

SCB.3 Economic Order Quantity DATA Annual Demand Rate Ordering Cost Unit Cost Carrying Charge Rate $200.00 $22.00 0.2 MODEL Order Quantity Annual Demand Rate Ordering Cost Order Cost Carrying Charge...

Q:

this approach i believe 3. BIKO is a bike retailer located in the outskirts of Paris. PMX is now offering the following bulk discounts to its customers: 2% discount on orders above 200 units 4%...

Q:

A company has an EOQ of 5 0 0 units, with an annual demand of 5 , 0 0 0 units, ordering cost of $ 4 0 per order, and holding cost of $ 3 per unit per year. Recently, the company s supplier has...

Q:

4. Assume that the following quantity discount schedule applies: Order Size 0 to 999 Over 999 Discount 0% $5 per unit Unit Cost $150 $145 Annual demand is 5000 units, ordering cost is $ 400 per...

Q:

Group C: A company has an EOQ of 5 0 0 units, with an annual demand of 5 , 0 0 0 units, ordering cost of $ 4 0 per order, and holding cost of $ 3 per unit per year. Recently, the company's supplier...

Q:

Determine the economic order quantity when annual demand is 15,000 units, the ordering cost is $250 per order, and the holding cost is based on 25% of the $20 unit cost. What is the total cost...

Q:

only part b needed I got 78 for part a This Question: 1 pt 5 of 16 (11 complete) Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an annual demand of 395...

Q:

. Assume that the following quantity discount schedule applies: Order Size Discount Unit Cost 0 to 999 0% $150 Over 999 $5 per unit $145 Annual demand is 5000 units, ordering cost is $ 400 per order,...

Q:

Review the Financial Statements provided to each group on Blackboard (You may use laptops for this exercise). [ Focus on: a) Is the company Profitable b) Does the company have a lot of liabilities c)...

Q:

A non-return-to-zero data stream (of amplitude levels ?1) is passed through a low-pa filter whose impulse response is defined by the Gaussian function where ? is a design parameter defined in terms...

Q:

4-16 What is a flow diagram? How is it used in the development of a departmental arrangement?

Q:

Which of the following is part of the marketing process? Group of answer choices Designing the most efficient method of production of a new product Developing an understanding of company finances...

Q:

5.64 A random variable X is normally distributed with a mean of 500 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random...

Q:

5.69 A consultant has three sources of incomefrom teaching short courses, from selling computer software, and from advising on projects. His expected annual incomes from these sources are $20,000,...

Q:

5.63 A random variable X is normally distributed with a mean of 100 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random...