9. In the basic EOQ model, the demand is 1000 units, the EOQ is 500 units and the number of working days is 250. The cycle time is: А. 2 В. 4 С. 125 D. 250
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- A company stocks an item that is consumed at the rate of 30 units each day. Every time an order is placed for new supply, $ 120 must be paid. A unit inventory held in stock for one week will cost $ 0.14. What is the economic order quantity (EOQ)? What is the cycle time for the EOQ? What is the total annual cost for the EOQ? What is the total annual cost if the order quantity is 200 more than EOQ? What is the optimum number of orders (rounded to the closest integer) that the company has to place each year? Assume that the company has a standing policy of not allowing shortages in demand.1. The EOQ for a particular model of laptop is 40units and the annual demand is 2000 units. If the ordering cost is $5, what is the unit carrying cost? a. $0.08 b. $12.50 c. $1,600 d. $20,000 2. Annual demand 10,000 units. Holding cost $1 per unit per year. Set up cost $200 per order. What is the minimum stock administration cost? a. $2,000 b. $1,000 c. $200 d. $10,000New information suggests that Holliday Ltd’s monthly fixed costs will rise to £230,000. Marginal cost per unit will remain at £76 and expected demand is still 5,000 units. If at least £60,000 of profit is required by shareholders per month, what is the minimum selling price the company will have to charge per unit? a. £134 b. £143 c. £116 d. £58
- If sigma is 130 units, and the demand during the lead time is 250 units, calculate thesafety stock and order point for:a. A 50% service level.b. An 85% service level.Use the table in Figure 11.5 as help to calculate your answer.A company is presently ordering on the basis of an EOQ. The demand is 10,000units a year, unit cost is $10, ordering cost is $30, and the cost of carrying inventoryis 20%. The supplier offers a discount of 3% on orders of 1000 units or more. Whatwill be the saving (loss) of accepting the discount?Oxygen Co. has the following forecasted data for 2020 Forecast sales in units 50,000.00 Selling price per unit 80.00 Variable cost per unit 50.00 Fixed Cost: Manufacturing Overhead 600,000.00 Interest Expense 50,000.00 Earnings per share 8.50 1. The break-even point in units is 2.What is the degree of operating leverage at 50,000 units sales level? 3.What is the degree of financial leverage at 50,000 units sales level?
- If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (latest) for $12, which of the following statements is true? A. This is an inflationary cost pattern. B. This is a deflationary cost pattern. C. The next purchase will cost less than $12. D. None of these statements can be verified.If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month, what is their degree of operating leverage? 0.21 1.21 2.4 5.72. A manager is using the equation Y(t) = 6400 + 70t to forecast quarterly demand for a product. In the equation, t = 0 at Q2 of last year. Quarter relatives are Q1 = 0.89, Q2 = 0.88, Q3 = 0.73, and Q4 = 1.5. What forecasts are appropriate for the last quarter of this year? a. 10230 b. 10125 c. 9810 d. 10020 e. 4546.67
- In a period, opening stock is 12,600 units and closing stock is 14, 100 units. The profit using marginal costing is GHS50,400. The profit using absorption costing is GHS60,150. The fixed overhead absorption rate is: A. GHS4.08 B. GHS4.27 C. GHS4.77 D. GHS6.50The Weaver Watch Company sells watches for $25, the fixed costs are $140,000, and variable costs are $15 per watch.a. What is the firm’s gain or loss at sales of 8,000 watches? at 18,000 watches? b. What is the breakeven point? Illustrate by means of a chart.c. What would happen to the breakeven point if the selling price was raised to $31? What is the significance of this analysis?The following are data from a production, calculate; The Break-even point in tenns of sales value and in tmit The production demand is at 20,000 units. What is the cw1ent production profit? If the management decides to lower dow11its selling price by 50% given the same demand,will this be a sound decision? Justify. Monthly Fixed Factory Overhead Cost = P600,000 Monthly Fixed Selling Overhead Cost = Pl20,000 Va1iable Manufactw·ing Cost per Unit = P220 Va1iable Selling Cost per Unit = P30 Variable Distribution Cost per Units = P50 Selling Price per tmit = P400