The economic ordering quantity (EOQ) for Nashville Records Inc. from the information given below is _____. (Round the answer to the nearest whole number.)?
Sales = 15,000 units per year
Sales price = $10 per unit
Purchase price = $5
Carrying cost = 0.25 times inventory value
Fixed cost per order = $1,000?
A. ?3,464 units
B. 4,899 units?
C. ?346 units
D. ?490 units
E. ?1,549 units
Answer: B
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If the coefficient of variation is 40% and the mean is 70, then the variance is
A. 28. B. 2800. C. 1.75. D. 784.
If a company adapts or changes both a product and the communications, the company engages in a process called ________
A) straight extension B) product reinvention C) product adaptation D) dual adaptation E) full adaptation
An Indonesian factory has offered to supply Cheong Automobile Company with ready-made units for a cost of $15 for each water pump. Assume that Cheong's fixed costs are unavoidable and that Cheong will not be able to use the excess capacity in any profitable manner. If Cheong decides to outsource, monthly operating income will ________.
Cheong Automobile Company fabricates automobiles. Each vehicle includes one water pump, which is currently made in-house. Details of the water pump assembly are as follows:
A) increase by $5850
B) decrease by $10,000
C) increase by $10,000
D) decrease by $5850
Salespeople should most likely make benefit statements that:
A) cannot be matched by competitors B) match the specific needs of the customer C) match the needs of the typical buyer D) are similar in every presentation E) align with recent research