If the order quantity per order is 2,000 units, annual demand is 10,000, and cost per order is $50, then which of the following statements is true?
a. There are five orders in the year.
b. The total annual ordering cost is $2,500.
c. The holding cost per unit is $2.50.
d. The total annual holding costs are $25,000 (= $2.50 * 10,000).
a. There are five orders in the year.
You might also like to view...
This theory argues that communities are often drawn together by a strong common identity, creating rigid boundaries and deterring traditional negotiation techniques.
A. relational models theory B. equality matching theory C. communal sharing theory D. relational identity theory
Use the following data to determine the company's cash payments for August and September:?JulyAugustSeptemberSales ……………………………$24,000$32,000$36,000Purchases………………………$14,400$19,200$21,600Payments for purchases……………………One month after purchaseSelling expenses……………………………15% of sales, paid in the month of saleAdministrative expenses…………………10% of sales, paid in the month of saleRent expense………………………………$2,400 per monthEquipment depreciation……………………$1,300 per month
What will be an ideal response?
What is the name of the act recently drafted by the National Conference of Commissioners on
Uniform State Laws in response to the growth in business conducted over the Internet? A) The Uniform Computer Information Transactions Act B) The New Millennium E-Commerce Act C) The Standard Internet Commerce Act D) The Uniform Computer Transaction Code
Naida Baronowski is an American fashion designer who has a design firm in Chicago. Naida has been successful in the U.S. and wants to expand her operation overseas. She hopes to open shops in Paris, Milan, Madrid, Rome, Vienna, and Moscow in the next several years. Naida is unfamiliar with foreign operations. She comes to you, her attorney, for advice about how she should pursue her goal of
becoming an international fashion company. If Naida keeps her Joliet plant, and ships her clothes from the U.S. to Paris, Madrid, and other cities, she may be subject, in the U.S., to: a. import restrictions b. tariff controls c. export regulations d. ad valorem taxes e. licensing fees