How many times per month should patty restock

Assignment Help Finance Basics
Reference no: EM13842591

Patty's Pancakes orders pancake mix once a week. The mix is used up by the end of the week, at which point more is reordered. Each time Patty orders pancake mix, she spends about a half hour of her time, which she estimates is worth $20. Patty sells 200 pounds of pancakes each week. The carrying cost of each pound of the mix is 5 cents per week. Should Patty restock more or less frequently? What is the cost- minimizing order size? How many times per month should Patty restock?

Reference no: EM13842591

Questions Cloud

Implement a client-server application : It implements a client-server application in which 3 clients each send a single integer to the server through a FIFO - Determines the best fit for one of three fixed size memory partitions
What should be the dimensions to enclose the maximum area? : what should be the dimensions to enclose the maximum area?
Described as an essential theme for effective leadership : Which of condition is most likely to encourage ethical behavior in organizations? Which statement is most accurate according to the research on gender and leadership? Which of the following was not described as an essential theme for effective leader..
Internet based business that sells drop-shipped thneeds : You are the owner and only employee of an internet based business that sells drop-shipped Thneeds from China. Recently, you purchased access to a list of email addresses of potential customers. While these people have agreed to receive solicitations,..
How many times per month should patty restock : Should Patty restock more or less frequently? What is the cost- minimizing order size? How many times per month should Patty restock?
About leadership development in organizations : Which statement about leadership development in organizations is least likely to be accurate: Which was not found in studies on leadership training in organizations? Which of the following statements about learning from feedback is least likely to be..
Corresponding error in the volume of a cubical box : corresponding error in the volume of a cubical box
Describe what an innovation measurement system : Describe what an innovation measurement system would focus on in a frozen foods company. Identify how you might use it to support your innovations.
What resistance r gives the maximum power : A de-generator with an internal resistance r develops V volts. If the variable resistance in the circuit is R, the power generated is P=V^2/(R+r). What resistance R gives the maximum Power?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

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