Question: Redan Manufacturing uses 3,200 switch assemblies per week and then reorders another 3,200. The relevant carrying cost per switch assembly is $13.50, and the fixed

Redan Manufacturing uses 3,200 switch assemblies per week and then reorders another 3,200. The relevant carrying cost per switch assembly is $13.50, and the fixed order cost is $1,600.

What is the current carrying cost?

Carrying cost $

What is the order cost?

Order cost $

Calculate the economic order quantity. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

EOQ

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 Finance Questions!

Cohen Industrial Products uses 2, 100 switch assemblies per week and then reorders another 2, 100. The relevant carrying cost per switch assembly is $18, and the fixed order cost is $300. What is the...

1. EOQ. Yorktown Electronics uses 975 switch assemblies per week and then reorders another 975. If the relevant carrying cost per switch assembly is $6.25 and the fixed-order cost is $430, is...

Calculating Carrying costs, order costs, EOQ, Louise Manufacturing uses 3, 300 switch assemblies per week and then reorders another 3.300. The relevant carrying cost per switch assembly is $14.00 and...

Clap off Manufacturing uses 3, 100 switch assemblies per week and then reorders another 3, 100. Assume the relevant carrying cost per switch assembly is $6.80 and the fixed order cost is $530....

1. 11. EOQ [LO 20.4] Woodanilling Manufacturing uses 3 400 switch assemblies per week and then reorders another 3 400. If the relevant carrying cost per switch assembly is $7.45 and the fixed order...

Cohen Industrial Products uses 3 , 6 0 0 switch assemblies per week and then reorders another 3 , 6 0 0 units. The annual carrying cost per switch assembly is $ 9 . 7 4 , and the fixed order cost is...

QUESTION Signature Corp. has WACC of 12%. Its capital structure is based on 100% equity but it has ability to borrow at a rate of 10%. Compute the followings: a. The Cost of equity of Signature...

Atalian Manufacturing Ltd. Uses 1,900 switch assemblies per week and then reorder another 1,900. If the relevant carrying cost per switch assembly is $9, and the fixed order cost is $850. Is...

Your company uses 2,600 switch assemblies per week and then reorders another 2,600. The relevant carrying cost per switch assembly is $15, and the fixed order cost is $325. What is the EOQ? O A)...

Cohen Industrial Products uses 2,100 switch assemblies per month and then reorders another 2,100. The relevant carrying cost per switch assembly is $20 every year, and the fixed order cost is $300....

In Exercises 1-4, the matrix A is followed by a sequence {xk} produced by the power method. Use these data to estimate the largest eigenvalue of A, and give a corresponding eigenvector. 1. 2. 4 31...

Nonmonetary Exchange McArthur Inc. has negotiated the purchase of a new piece of automatic equipment at a price of $7,000 plus trade-in, f.o.b. factory. McArthur Inc. paid $7,000 cash and traded in...

In which section of the statement of cash flows would you find a line item for the gain or loss on the sale of equipment? Question 1 6 options: Investing activities Operating activities Operating and...

Discuss the policy statement concept and identify three focus areas / procedures where a clearpolicy statement / operating procedure

Did you check all the correct names, telephone numbers, and emails for authorship and further information?

Did you offer hard data that is verifiable? [D]

Did you eliminate superlatives and complimentary adjectives to keep it unbiased? [yes or no]