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 holding cost for the optimal order quantity?
a. $109.54
b. $600
c. $547.72
d. $273.86
d. $273.86
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a. when an account receivable with terms 2/10, n30 is past thirty days due. b. when an account receivable previously written off is determined to be collectible. c. when an account receivable is determined not to be collectible and is written off. d. in the period when a sale is made and not when the receivable associated with the sale is determined to be uncollectible.
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Answer the following statement true (T) or false (F)
Which type of powers means that means that states can make laws that provide for the general health, welfare, and safety of its citizens?
a. Express powers b. Implied powers c. Inherent powers d. Police powers
Drum buffers are:
A) A safety margin separating different projects scheduled to use the same resource. B) Extra safety that is applied to a project immediately after the use of the constrained resource. C) A constraint separating different projects that requires a common buffer. D) Extra safety that is applied to a project immediately before the use of the constrained resource.