A local whole seller for Lipton tea estimates an annual demand of tea at 4200 kgs. It costs RO 10 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 1 per kg. The company is operating 6 days per week. What is the economic order quantity (EOQ) in kg? Round-up to the nearest integer-

Q: A local whole seller for Lipton tea estimates an annual demand of tea at 4200 kgs. It costs RO 10 to…

A: Economic order quantity is that number of units at which total inventory ordering costs and…

Q: Carrefour estimates an annual demand of a grocery product at 5400 kgs. It costs RO 100 to make and…

A: Level at which company should place the order is known as reorder point.

Q: maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier…

A: Just for the sake of other students help, I'll solveall the questions given here.1. Reorder Point…

Q: 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average…

A: As per BARTLEBY guidelines, when multiple subparts questions are given then solve first six sub…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: Material Costing -  It refers to the systematic control of storing, purchasing, and consumption of…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: SOLUTION-1 THE ANNUAL INVENTORY RELATED COST  IS THE SUM OF THE ANNUAL HOLDING AND ORDERING COST.…

Q: A local retailer anticipates an annual demand 15000 units of a product. The retailer allows…

A: The inventory management aims to accomplish to reach satisfaction on the custom services…

Q: Phillip F lamm's Computer Store in Texas sells a printer for $200. Demand is constant during the…

A: Inventory refers to the stock that the company has held for the resale purpose or the goods that are…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: 22. Step 1: Calculate the order quantity The order quantity is equal to the # Days Inventory x Daily…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: Since there are several subparts, according to Bartleby guidelines, we will answer the first three.…

Q: A local company assembling stereo radio cassette produces 300 units per month at a cost of 800 per…

A: Break even point  is the situation where there is no profit or loss for the company Break even…

Q: Morning Glory buys cereal directly from the manufacturer for $20 per case. The company’s annual…

A: Economic order quantity: It can be defined as an optimal quantity that is purchased by the company…

Q: Fruit Sushi Corporation sells delicious fruit sushi at a wholesale price of $4.00 per unit. The…

A: Answer) The total fixed cost, i.e., $ 7,500 is already charged from existing number of units sold.…

Q: SamaCell has a demand of 2,000 cells per year. The cost of each unit is $80, and the inventory…

A: Economic Order Quantity (EOQ) refers to the concept of estimating the ideal quantity that a business…

Q: 4. If the price of the material is RO 15 per unit and the annual consumption is 4000 units, the…

A: Economic order quantity means the number of units to be ordered so that total cost of inventory will…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A:

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: ITEM 1 Reorder Point = 4,200 units ITEM 2 Lead Time Demand = 2,500 units ITEM 3 Safety Stock = 1,700…

Q: Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of…

A: Given:  It has 250 working days. Each day, it sells an average of 500 boxes but may sometimes sell a…

Q: XYZ Inc. needs 325 kgs of a material per month. It costs OMR 100 to make and receive an order, and…

A: Economic order quantity(EQQ) is the size of an order at which holding cost and ordering cost is…

Q: Alpha retail store predicts an annual demand of 4800 kgs of a food product . It costs RO 100 to make…

A: Following is the answer to the given question

Q: Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make and…

A: Inventory level at which business should place order is known as reorder point in business.

Q: Al Khaleej Inc. needs 440 kgs of a material per month. It costs RO 100 to make and receive an order,…

A: Economic Order Quantity:- Economic order quantity is that quantity in which an enterprise should…

Q: der. Stora

A: Given: To calculate the inventory of the company as,

Q: The Pluto Company has been buying a given item in lots of 3,200 units which is quarterly supply. The…

A: no of lots=4 cost per order=15 Total cost=inventory cost+order cost+carrying cost…

Q: Furnco sells office chairs. Annual demand is normally distributed with a mean of 1040 chairs and a…

A: No of orders to be placed = A ÷ EOQ where A = annual units demanded            EOQ = economic order…

Q: Blue Corp. shows monthly fixed costs of Php1,797 and per-unit cost of Php9.28. It sells 411 units in…

A: The break even sales units are the sales where business earns no profit no loss.

Q: 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average…

A: As per BARTLEBY guidelines, when multiple subparts questions are given then solve first six sub…

Q: An automobile parts supplier sell Excel brand batteries to van dealers. The annual demand is…

A: Formula of EOQ is; EOQ=2×Annual demand×Ordering costHolding cost

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: The reorder point refers to the level of inventory at which the stock is purchased to be sold in the…

Q: What is the annual demand for the boxes of candles? 2. How much is the carrying cost of one box of…

A: Economic order quantity is the optimum order quantity which provides with the minimum expense in…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: EOQ helps in determining the level of quantity at which an entity can balance its ordering &…

Q: To make a product it costs $24 per liter. The importation cost is a fixed cost of $ 150 additional…

A: Introduction: Average costs: The average total technique sets the value of inventory items by…

Q: pioneer limited purchased a product which has a steady monthly demand of 20 000 units. the product…

A: SOLUTION- FORMULA- ECONOMIC ORDER QUANTITY= 2×A××O/C A= ANNUAL DEMAND…

Q: XYZ Inc. needs 325 of a material per month. It costs OMR 100 to make and receive an orderand it…

A: Annual demand=Quantity per month×12=325×12=3,900 kg

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: The EOQ is a company's optimum order quantity that reduces overall costs associated with purchasing,…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: EOQ- It is an sophisticated or ideal quantity that a company should acquire to minimize its cost of…

Q: supplier may take 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost…

A: Given: It sells an average of 500 boxes up to maximum 600 boxes. The ordering cost average P400 per…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: Ggg

Q: Bell Computers purchases integrated chips at ​$350 per chip. The holding cost is ​$36 per unit per​…

A:

Q: Alpha retail store predicts an annual demand of 4920 kgs of a food product. It costs RO 100 to make…

A: In order to minimise the total inventory costs that includes ordering costs and inventory holding…

Q: XYZ Inc. needs 325 kgs of a material per month. It costs OMR 100 to make and receive an order, and…

A: Economic Order Quantity Economic Order Quantity (EOQ) is the level of inventory that minimizes the…

Q: Lulu hypermarket estimates daily demand of 18 kgs for a product . It costs RO 100 to make and…

A: Following is the answer to the given question

Q: Wilson Publishing Company produces books for the retail market. Demand for a current book is…

A: Daily demand (d)  Annual demand /no.of working days 7400/250 29.6 copies Daily production (p) Annual…

Q: Ricky Orange’s annual demand is 12,500 units. Ordering cost is $100 per order. Holding cost is…

A: Per unit carrying cost=20%×$50=$10

Q: Customers at furniture store demand an average of 6,000 bookcases per year. Each time an order is…

A: The economic order quantity is the best order quantity for a corporation to purchase in order to…

Q: The Xenopeltis Company estimates its requirement, which is 39,000 units semiannually at a price of…

A: Annual Requirement of units = Semi annual requirement x 2 Given that: Semi annual requirement =…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: SOLUTION-                                            FORMULAS- 1-REORDER POINT=MAXIMUM DAILY DEMAND…