If annual demand is 50,000 units, the ordering cost is $25 per order, and the holding cost is $5 per unit per year, which of the following is the optimal order quantity using the fixed-order-quantity model?
A. 141
B. 707
C. 634
D. 909
E. 500
Answer: B
You might also like to view...
A customer database is simply a listing of a customer's name, address, and phone number for credit reference
Indicate whether the statement is true or false
The mass number refers to the number of ________ and ________ within an element.
A. protons; molecules B. protons; electrons C. electrons; neutrons D. electrons; atoms E. protons; neutrons
Katz describes human skills as ______.
A. competency with the process or product within a company B. being aware of the perspective of others on issues C. ability to shape the strategic ideas of an organization D. the trait of high extraversion
Based on their incomes, how large of a PITI can they comfortably afford to pay?
Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. A) Based on the 28 percent rule, they can afford $2,240 per month. B) Based on the 36 percent rule, they can afford $2,880 per month. C) Based on the 28 percent rule, they can afford $1,344 per month. D) Based on the 36 percent rule, they can afford $1,728 per month.