For a certain product, ordering costs are $30 per order, and the holding cost is $15 per case of this product per year. If the projected annual demand is 900 cases, what is the economic order quantity?
A. 40 cases
B. 50 cases
C. 60 cases
D. 70 cases
C. 60 cases
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When computing dilutive EPS, the treasury stock method can be used for all of the following except
a. stock warrants. b. convertible preferred stock. c. stock options. d. stock rights.
Ritzer argues that all aspects of our world are being rationalized through McDonaldization via four major mechanisms. One of those is the process of ‘Efficiency’, which of the following is an example of such a mechanism?
a. Using an explicitly stated and pre-programmed script so staff can quickly deal with customers b. Ensuring means of production – from produce through to staff – are of a minimal cost c. Using standardized procedures and machinery to produce standardized products and services so customers know what they are going to get irrespective of where or when they buy it d. Ensuring everyone wears the uniform, smiles at the customer and is extensively trained to ensure they stick to the pre-programmed script
The UCC uses a transactional approach to risk of loss questions
Indicate whether the statement is true or false
A company asked one of their analysis team to analyze and create models that help decide whether they should manufacture a particular product or outsource its production. The different components are given below
Fixed Cost, FC = $25,000 Material Cost per Unit, MC = $2.15
Labor Cost per Unit, LC = $2.00 Outsourcing Cost per Unit, O = $4.50
? Build a spreadsheet model and then use a two-way data table to show how the savings due to outsourcing changes as a function of different production volume and different bids on per-unit cost for outsourcing. Vary the production volume from 0 to 100,000 in increments of 10,000. The six bids are $3.11, $3.49, $4.50, $4.98, $5.12, and $5.45.