Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo’s management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the annual ordering cost for the optimal order quantity?
a. $109.54
b. $600
c. $547.72
d. $273.86
d. $273.86
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Your friend offers to pay you an annuity of $2,500 at the end of each year for 3 years in return for cash today. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity?
A. $5,493.71 B. $5,782.85 C. $6,087.21 D. $6,407.59 E. $6,744.83
Describe guidelines in managing your boss.
What will be an ideal response?
Wright Company contracted with the city of St. Louis to train and employ disadvantaged youths. If Wright fails to fulfill the contract and is sued by one of the disadvantaged youths, the youth would:
a. win, as he is an intended beneficiary. b. win, as he is a donor beneficiary. c. lose, as he is a creditor beneficiary. d. lose, as he is an incidental beneficiary.
At stage 2 of the GAS, the person is
A. resisting the effects of the stressor. B. feeling a sense of alarm. C. asking for help. D. exhausted by the stressor. E. experiencing a sense of helplessness.