pioneer limited purchases a product which has a steady monthly demand of 20000 units. The product costs R100 per unit. The ordering cost is R5 per order. The holding cost is 10% of the unit purchase price. Which one of the following represents the annual economic order quantity A. 142 B. 980 C. 283 D. 490

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A: In inventory management, economic order quantity (EOQ) is a concept that determines the optimal…

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A:

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

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A: Answer 3A For the given quantity discount =12% is applies Actual unit price =$10Discount…

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

Q: Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 500 units. The…

A: EOQ stands for Economic Order Quantity. It is the level of inventory that the organization orders at…

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: The economic order quantity of Lancer Inc. is 1,000 unit. They sold their sole product for a selling…

A: EOQ refers to the point where the ordering and carrying costs are equal. Because an imbalance in…

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: Abner Company has an annual demand of 13,000 units of Material A. The cost per unit is P14. The…

A: Economic Order Quantity: Economic order quantity is an inventory management method. It refers to the…

Q: The economic order quantity of Bulldogs Inc. is 1,000 unit.  They sold their sole product for a…

A: Economic order quantity: Economic order quantity refers to the optimum level of quantity that…

Q: Assume that Phoenix decides to accept the special order at a unit sales price that will add $400,000…

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Q: Nestle Ltd. produces its premium plant food in 50 Kg bags. Demand is 100,000 Kgs. per week and the…

A: The maximum level of inventory is basically expressed as the highest volume or capacity of a company…

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: 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: The economic order quantity of Bulldogs Inc. is 1,000 unit. They sold their sole product for a…

A: ECONOMIC order quantities is a order quantity which there is minimum holding and carrying cost…

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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: 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: Brown Sporting Goods, inc. buys baseball at $10 per dozen from its wholesales. Brown buys 1,600…

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A: Step 1 Economic Order Quantity is the level of inventory where inventory holding and carrying cost I…

Q: . Leyla Tas has determined that the annual demand for #6 screws is 100000 screws. Leyla, estimates…

A: Annual Cost = 100,000 Cost per order = 10MU Storage Cost = 1 x 12 x100 = 0.005

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

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

Q: Wheels & Deals Limited uses 60,000 batteries each year in its production of motorcycles at a cost of…

A: Definition: Ordering Cost: The term, Ordering cost refers to the cost incurred for acquiring inputs.…

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: 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: Olive Corporation buys a material for P20 per unit Sixteen thousand parts a year are needed Carrying…

A: Economic order quantity (EOQ) is a method of inventory management for calculation of optimal…

Q: Zack Co. sells three sizes of bags: small, medium, and large. The company has annual fixed costs of…

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Q: Tiger Corporation purchases 1,400,000 units per year of one component. The fixed cost per order is…

A: 1)  Formula:

Q: a) Economic Order Quantity (EOQ) b) Number of orders per annum  c) Time between two consecutive…

A: Meaning of EOQ EOQ refers to Economic Order Quantity which defines the optimal quantity where the…

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: Wheels & Deals Limited uses 60,000 batteries each year in its production of motorcycles at a cost of…

A: As you have posted multiple independent questions, we are answering the first question. Kindly…

Q: Phyllis Limited produces a product called SOMUAH. The manufacture of this product requires raw…

A: Phyllis Limited produces a product called SOMUAH. The manufacture of this product requires raw…

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: Pioneer Limited purchases a product which has a steady monthly demand of 20 000 units. The product…

A: Economic Order Quantity = [(2 X Annual Demand X Ordering cost per order/ Carrying cost per unit per…

Q: e Wyteboard Corp. markers uses 1,440,000 gallons of ink each year. Assume Palmer will order the ink…

A: Given,  Annual Requirement (A) is 1,440,000 Per unit Rate (C) is P2 Ordering Cost (O) is 100 per…

Q: Calculate and interpret the Economic Order Quantity (EOQ). b. At what inventory level should Hamid…

A: Given information is: Hamid Company consumes inventory of 100,000 units of components per year. 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: 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: A company has a contract to supply 5,000 units of an item per year to the retail store. An estimated…

A: Compute EOQ as follows:

Q: Assume that Palmer Executive Pens uses 1,440,000 gallons of ink each year. Further, assume that…

A: The question is based on the concept of finding economic order quantity (EOQ) . EOQ is defined as…

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: Electronics Company produced 300 transistors per day, which go into inventory. It supplies 150…

A: A. EOQ  =2×D×SH=2×37,500×$200$0.25=7,746 B. Production run-length = Qp=7,746300=25.82=26