Determine the optimal order quantity
A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.
Answer: 402.5
You might also like to view...
Regression analysis is concerned with the nature and degree of association between variables and does not imply or assume any causality
Indicate whether the statement is true or false
When conducting a persuasive business presentation, summarizing
A. involves asking the audience for feedback on the speaker's presentation style. B. gives the impression that the speaker lacks knowledge about the subject. C. helps focus the audience's attention on the essence of the presentation. D. signifies that the speaker believes the audience was distracted and inattentive.
People who take a chance on a bonanza with a very low probability of occurrence in lieu of a sure thing are:
A) risk takers. B) risk averters. C) risk calculators. D) risk predictors.
Equestrian Stables Corporation's articles list an incorrect address for its incorporator. Under this circumstance, Equestrian Stables is most likely
a. a corporation by estoppel. b. ade facto corporation. c. ade jure corporation. d. ultra vires.