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

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter10: Inventory
Section: Chapter Questions
Problem 2MC: If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle)...
icon
Related questions
Question

Help please

12. Which of the following is NOT an assumption
of the EOQ model?
A. Ordering cost is fixed
B. Annual demand is known
C. The order is received the instant it is made
D. The stock is used up in a random manner
13. If the daily demand of a company is 50 and they
have a lead time in days of 4, what is their
9. In the basic EOQ model, the demand is 1000
reorder point?
units, the EOQ is 500 units and the number of
А. 200
working days is 250. The cycle time is:
В. 220
А. 2
С. 240
В. 4
D. 260
С. 125
D. 250
14. Which of the following is an example of order
10. Which of these is NOT in the setup cost
cost?
calculations?
A. insurance
A. economic ordering cost
B. refrigeration
B. Annual ordering cost
C. rent
C. annual demand
D. transportation
D. cost per order
15. Which of the following is NOT an assumption
of the BOQ model?
A. Inventory is replenished instantaneously
B. Ordering cost is constant
C. The stock is used up gradually
D. The annual demand is known
3
Transcribed Image Text:12. Which of the following is NOT an assumption of the EOQ model? A. Ordering cost is fixed B. Annual demand is known C. The order is received the instant it is made D. The stock is used up in a random manner 13. If the daily demand of a company is 50 and they have a lead time in days of 4, what is their 9. In the basic EOQ model, the demand is 1000 reorder point? units, the EOQ is 500 units and the number of А. 200 working days is 250. The cycle time is: В. 220 А. 2 С. 240 В. 4 D. 260 С. 125 D. 250 14. Which of the following is an example of order 10. Which of these is NOT in the setup cost cost? calculations? A. insurance A. economic ordering cost B. refrigeration B. Annual ordering cost C. rent C. annual demand D. transportation D. cost per order 15. Which of the following is NOT an assumption of the BOQ model? A. Inventory is replenished instantaneously B. Ordering cost is constant C. The stock is used up gradually D. The annual demand is known 3
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Market Efficiency
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College