Martin Company uses 625 units of a part each year. The cost of placing one order is $8; the cost of carrying one unit in inventory for a year is $4. Martin has decided to begin ordering 40 units at a time. What is the average annual carrying cost of Martin's new policy? a.$160 b.$90 c.$80 d.$60 e.$4

Q: Vale Corporation sells Product 'MAGNETITE' and Product 'HEMATITE', the sales of both products are…

A:

Q: Jack’s Tracks sells 24,000 custom-designed GoKarts per year. These GoKarts are sold evenly…

A: Option a is the correct answer.

Q: Ottis, Inc., uses 632,025 plastic housing units each year in its production of paper shredders. The…

A: Economic order quantity indicates the units that should be ordered that provide the lowest cost to…

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: Annually a company requires 45,000 units of one of its components that it distributes throughout the…

A: *As per bartleby guideline in case of interlinked question answer first 3 only

Q: Rocco's manufactures 1,600 units of product per year. The cost of materials for these products are…

A: Economic ordering quantity is the optimum quantity to be ordered to minimize the cost of inventory.…

Q: Electronics Ltd manufactures air conditioners. It purchases 200,000 units of a particular type of…

A: I am answering the first three sub-parts of the question as per bartleby policies. Please submit the…

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: reedom plc uses 180,000 units of material each year. The cost of placing an order is £200 and the…

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

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: Flamingo purchases 8,000 litres of ink each year for its production processes. The unit cost per…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

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: Reorder point is the point where the inventories are manufactured and restored again. It shows the…

Q: Archimedes Graphics uses a special purpose paper in 80% of its jobs.  The paper is purchased in…

A: The reorder point is the minimal amount of an item that a company keeps in stock, after which the…

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: A. Genesis Company is a wholesaler. It purchases 60,000 units of Product X per month for sale to…

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

Q: Item X is a standard item stocked in a company's inventory of component parts. Each year the firm,…

A: EOQ = 2SDH

Q: Scouts Corp. projects its sales to be 1,000 units this year. As a result of holding inventories,…

A: Part 1:-Reorder Point It is the level of inventory at which we need to replenish the inventory…

Q: Archimedes Graphics uses a special purpose paper in 80% of its jobs. The paper is purchased in…

A: Re-order point is the point at which typically a stock needs to be replenished in order to ensure…

Q: he General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of…

A: Economic order quantity is that level of reorder quantity which minimizes the total cost of carrying…

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: 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: Scouts Corp. projects its sales to be 1,000 units this year. As a result of holding inventories,…

A:

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

A: Given information: Working days = 250 The average number of boxes sold per day = 500 Occasionally…

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

A: Orders 250 units at a time x 30 orders        7,500 Ordering cost per order ($1,100 / 30) $36.67…

Q: der. Stora

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

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

A: Level of inventory at which business should place order for the inventory is known as 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: The reorder point refers to the level of inventory at which the stock is purchased to be sold in the…

Q: One of the products that Justine Corporation sells is “Extra Soft” floor mats. Justine’s ordering…

A: Inventory:- Inventory is supervision of non-capitalized assets and stock items. It is physical stock…

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

A: SOLUTION-1 # CALCULATION OF FORECASTED HOLDING COST/CARRYING COST-   A-CALCULATION OF ORDER…

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: Cool Stuff, Inc. uses 800 units of a product per year on a continuous basis. The product has…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

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: Rugged Outfitters purchases one model of mountain bike at a wholesale cost of $520 per unit and…

A: a. Following are the calculation of total number of orders:

Q: WZY processing company uses 2,400 units of a product per year on a continuous basis. The product…

A: EOQ= 2×A×OCWhere,A=Annual demandO=Ordering costC= Carrying cost

Q: XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an orderand it…

A: Correct option is as fallows  Re order point = average daily sales × lead time + safety stock

Q: Joan Zorba orders calculators for her office supply stores. Each calculator cost $35, currently she…

A: Given values in the question:   Cost of calculator (C) = $35 Daily demand (d) = 5 Ordering cost (Co)…

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…

Q: A service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to…

A: Annual requirement = 204 Boxes Order size = 12 Boxes Ordering cost per order = $ 15 Annual holding…

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: Jumbo Company uses 1,100 units of an particular item each year. Carrying the item in inventory costs…

A: Information Provided: Order cost = $150 Carrying cost = $200 Operating days = 250 Total usage = 1100…

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

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…