Calculate EOQ from the following details: Consumption per month is 2,000 units, ordering cost is RO 10 per order, purchase price is RO 100 per unit and annual carrying cost is 10%.

Q: Sales salaries and commissions are $10,000 when 80,000 units are sold, and $14,000 when 120,000…

A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

Q: . Find out the ordering cost from the following information, Annual demand is 240 units, holding…

A: EOQ stands for economic order quantity.

Q: The ordering cost for a certain product is $8 per order and the holding cost is $1 per year. The…

A: Ordering Cost :— It is the expenses incurred by company for ordering of product.    Holding cost :—…

Q: Calculate the economic ordering quantity for Nashville Records Inc. , given the following…

A: Relevant information: Sales : 15,000 units Purchase price : $5 Carrying cost : 0.25 timed of…

Q: 1. Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: The production department for a company requires 3,600 Kg of raw material for manufacturing…

A: Given that : Raw material Required = 3600 Kg per year to manufacture particular item Cost of placing…

Q: Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…

A: Economic order quantity (EOQ) refers to the level of production activity at which the manufacturing…

Q: Hyzel Manufacturing Company has an annual average requirement of 320,000 units. It has been…

A: Hi student Since there are multiple subparts, we will answer only first three subparts

Q: 0 per unit. What is the optimum order size? A. 147 units

A: The right answer is B. 207 units

Q: The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard…

A: Given: Probability = 98% Number of weeks = 4 Annual demand = 15,600 units Weekly demand = 300 units…

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

A: Economic order Quantity =2×A×OC

Q: The following is cost and production data for the Wave Darter:     Per unit Variable manufacturing…

A: Working Note;

Q: Sales salaries and commissions are $10,000 when 80,000 units are sold, and $14,000 when 120,000…

A: The high low method is used to find variable and fixed cost from the mixed cost.

Q: Electric spark Co., uses 60,000 of component Zima. The cost of placing an order is estimated at…

A: 1) EOQ = 2AO/c   Given  that, annual demand - 60000 units  cost of placing an order is estimated at…

Q: Carter Company orders 250 units at a time, and places 15 orders per year. Total ordering cost is…

A: EOQ or economic order quantity is the ideal order of quantity purchased a company at a certain rate…

Q: 1. Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…

A:

Q: The weekly requirement of a component is 950 units. The order cost is RM85 per order, the holding…

A: Economic Order Quantity (EOQ) was related with inventory management where it helps to order the…

Q: The demand for products is 18,000 units. The ordering cost is 40 OMR per order and the holding cost…

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

Q: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200…

A: Economic Order Quantity refers to the number of units the company should add to the inventory and…

Q: The following information relates to a company . The fixed cost per order is ksh 1,500 The…

A: SOLUTION-   ECONOMIC ORDER QUANTITY = 2*A*O / C   A= ANNUAL DEMAND O= ORDERING COST C= CARRYING COST…

Q: Projected unit sales Selling price per case Inventory at the beginning of the quarter Target…

A: A production budget is a financial plan that specifies the quantity of units that will be produced…

Q: if the holding cost of an item is $0.15 per unit per day, the ordering cost is $200 per order, the…

A: Solution- Annual demand= 80 units * 365=29200  Order cost                                  =200 per…

Q: Annual demand in units 260,000 units Working days per year Lead time in days 260 12 Ordering cost…

A: Economic order quantity also known as economic purchase quantity, is the order quantity that…

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

A: Economic Order Quantity = (2S0 / C)1/2 where, C = carrying cost per unit = $4 * 0.15 = $0.60 S =…

Q: The Best Furniture company produces a specialty wood furniture product, and has the following…

A: The details are provided of a company produces specially wood furniture product   Required  What is…

Q: A company has estimated its economic order quantity for Part A at 3,000 units for the coming year.…

A: Economic order quantity = 2 * Annual usage * cost per order / Carrying cost per unit

Q: Calculate the economic order quantity given the following data. Annual demand (D) 5,000 units…

A: Economic order quantity is the optimum inventory level that should be ordered in order to reduce…

Q: Given the following information, what is the economic ordering quantity (EOQ) for Nashville Records…

A: EOQ(Economic Order Quantity) is quantity of goods that should in one order keeping ordering and…

Q: Minmax Processing Company has an average requirement of 5 boxes of its product per week. It has been…

A: Lead Time is equal to time gap between placement of order & receiving the Material. When Lead…

Q: What is Sunrise's estimated annual usage in units?

A: Economic order quantity is designed to find the optimal order quantity for business to minimize the…

Q: The following data represents expected sales and costs for the month of October at an expected sales…

A: Total fixed costs = Fixed production per unit x no. of units + Fixed selling and admin. expenses =…

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

A: SOLUTION- FORMULA, EOQ=2×A×O/C A (ANNUAL DEMAND)=4000 UNITS O (ORDER COST)= RO 60 C (CARRYING COST)=…

Q: The Best Furniture company produces a specialty wood furniture product, and has the following…

A: Inventory:   It can be described as a good or material that a company holds for the purpose of…

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: With an annual demand for cups of 2.3 million, an annual carrying cost per box of cups of P 95, and…

A: Optimal order quantity refers to the number of units to be ordered at one go in order to get the…

Q: What is National's estimated annual usage in units? * Format: 1,111,111 National Co. has determined…

A: Order size (Q) = 10,000 units Total order cost in year (TC) = P20,000 Cost per order (O) = P100

Q: The demand for products is 10,000 units. The ordering cost is 40 OMR per order and the holding cost…

A: Economic order quantity (EOQ) is an ideal order quantity a firm should buy to reduce stock or…

Q: How much is the carrying cost per unit? *

A: Carrying cost is such cost which a company bears as a storage cost per unit.

Q: Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…

A: Hi student: Since there are multiple questions, we will answer only first question. If you want…

Q: ABC company uses 8,000 pens every year. For each pen, cach order cost is $30 and the annual holding…

A: The question is based on the concept of Economic Order Quantity. Economic order quantity or Optimal…

Q: requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15%…

A: Economic order quantity is most optimal level of quantity that is required such that it minimises…

Q: Evansville Company had the following transactions for the month. Number Cost per Unit of Units…

A: FIFO stands for “First-In, First-Out”. It is a method used for cost flow assumption purposes in the…

Q: Luster Corporation presents the following data: Usage is 400 units per month, cost per order is P20,…

A: Monthly requirement (M) = 400 Units Ordering cost (O) = P 20 Carrying cost per unit (C) = P 6

Q: A company has 52 week per year operation. The weekly demand is for product it needs is 20 units and…

A: EOQ = 2 × D × SH where D= Annual Demand            S= Cost of reordering (per unit)            H=…

Q: Calculate EOQ from the following details: Consumption per month is 2,000 units, ordering cost is RO…

A: Here in this question we are required to calculate Economic Order Quantity (EOQ). Economic order…