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Michael Traci, the new inventory manager at Magyar Golf Supplies, is considering using the economic order quantity for controlling inventory. He wants you to apply the EOQ to a sample product, the Super?Z Wedge. The Super?Z Wedge has an average demand of 30 units/period with an ordering cost of $30/order. The cost of carrying a Super?Z Wedge in inventory is $2.00/unit/period. No safety stock is carried for this item. a. Calculate the economic order quantity. b. Calculate the average cycle stock for this item using the order quantity in part a. c. Assuming there are 12 periods per year, calculate total cost per year.
Compute the marginal and average tax rates for three individuals respectively earning $70,000, $93,500 and $200,000 annually.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
Illustrate the price that consumers are willing and able to pay for this output is $40 per unit. Produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit.
In a current newspaper article you also read that The Camera Shop has exhausted its undertaking capital and that no new investors
Compute the arc price elasticity of demand for the price of paperback books falling from $7.00 to $6.50, the quantity demanded rises from 100 to 150.
Suppose a firm's inverse demand curve find the firm's optimal quantity, price also profit by using the profit also marginal profit equations.
Illustrate what are the advantages and disadvantages of acquiring inputs through this means. Give example not used in the textbook that uses this method of processing.
Illustrate what is GreatReception's profit when producing at the profit-maximizing output. calculator will refresh to its initial values.
Why the incidence of the tax a consideration when government imposes this tax increase.
Which of the following was not a contributing cause of the decline in investment and thus the recessionary expenditure gap occurring during the U.S. recession of 2001.
Which of the following are flows. If a flow, which of the five major kind(s) of capital does it increase or decrease.
Illustrate what is the ability to pay principle in public Fiance also what are some of the problems implementing it.
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