User Account

All Pages

Calculate the inventory reorder point in tonnes

Assignment Help Accounting Basics
Reference no: EM133079974

Question - Docklands Furniture Factory produces products made of wood to local retail shops in Melbourne. An annual requirement for wood is 200,000 tonnes. The price of wood fluctuates and the average estimated price for 2017 is $5000 per tonne. It costs $0.25 to store one tonne for a year. It costs $200 to place and receive one order. The company is closed for two weeks during annual holidays. Required: 1. Calculate the company's EOQ? 2. Compute the total annual: (a) number of orders, (b) ordering costs and (c) carrying costs. 3. Assume the lead time for an order is two week. Demand constantly fluctuates and the maximum weekly demand is 4,100 tonnes. Calculate the inventory reorder point in tonnes.

Reference no: EM133079974

Questions Cloud

What would be the residual income resulting from the upgrade : If the company has a minimum required return on investment of 8.0%, what would be the residual income resulting from the upgrade
Adolescents will behave in violent manner : Does playing violent video games increase the probability that children and adolescents will behave in a violent manner
Intended reasons and actual consequences of policies : Explain the intended reasons and actual consequences of these policies. Identify and explain at least one alternative policy that would lead to better socio-eco
Formulate the 0-1 integer programming model for the problem : Budi is an employee. He has a bank savings of Rp. 500,000,000, and he intends to stop working and use half of his bank savings to open a restaurant.
Calculate the inventory reorder point in tonnes : Demand constantly fluctuates and the maximum weekly demand is 4,100 tonnes. Calculate the inventory reorder point in tonnes
Economic development of the philippines : What are your thoughts about the supply chain crisis, and does it matter to the economic development of the Philippines?
Effective communication : We all live in cities and towns with crimes committed by juveniles, some more than others. Discuss the effectiveness of these programs.
Assess the potential of profitably entering malaysian market : Fiza Coffee Sdn Bhd (FCSB) has hired you as an economic consultant to assess the potential of profitably entering the Malaysian market for gourmet coffee. FCSB
Did the documentary change or affirm your views : Review your answers on the anticipation guide: Did the documentary change or affirm your views about these topics? How so?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd