?what is the annual holding cost

Assignment Help Finance Basics
Reference no: EM132798556

Demand for the BMX Bike at Toby's is 600 units per month. Toby's incurs a fixed order placement, transportation, and receiving cost of $ 3,500 each time an order is placed. Each Bike costs $ 450 and the retailer has a holding cost of 20 percent. Evaluate the number of Bikes that the store manager should order in each replenishment lot.

How many orders per period (Year) will have to be made (N) (under EOQ)?

What is the Annual Holding Cost (under EOQ)?

Reference no: EM132798556

Questions Cloud

What is the average amount of time : A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 2:00 p.m. A quick count of the number of customers waiting
Compute the expected monetary value for action : The DellaVecchia Garden Center purchases and sells Christmas trees during the holiday season. It purchases the trees for $10 each and sells them
Analysis of the output of a process : Analysis of the output of a process has suggested that the variability is nonrandom on several occasions recently. However, each time an investigation
Analyze issue and overcome problems : The Cumulative/Summative Assignment requires a Professional Growth Reflection. It is summative in nature. Submit answers to the following questions.
?what is the annual holding cost : How many orders per period (Year) will have to be made (N) (under EOQ)? ?What is the Annual Holding Cost (under EOQ)?
Mitigate the probability of risk : What will you do to mitigate the probability of such risk? Show and support the arguments of your possible responses.
How will knowledge affect the way you currently work : How will this knowledge affect the way you currently work with others in your present role? (minimum of one paragraph). How will this knowledge impact the way.
Relationship between summative assessments and reporting : The most effective summative assessments are those that allow students to apply what they have learned in authentic situations. They require students.
Define behavior characteristics for population of students : In this assignment you will demonstrate your understanding of the learning objective: Identify universal learning characteristics of students with mild.

Reviews

Write a Review

Finance Basics Questions & Answers

  Why does a reduction in taxes have smaller multiplier effect

Why does a reduction in taxes have a smaller multiplier effect than an increase in government spending of an equal amount?

  Explain the use of net present value

How do you explain the use of net present value (NPV) in business? What considerations are made when calculating NPV? How may you use NPV to create your own, or someone else's, retirement plan?

  Mini-case simulation

A company approached you as it is seeking your assistance in order to raise a given level of cash to finance a project

  Review of fm benefit requirements

As a newcomer to an organization , a facility manage is collecting information for the annual budgeting process.

  Calculate the mirr of the project using all three methods

Mittuch Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$ 16,000 1 7,100 2 8,300 3 7,900 4 6,700 5 -4,100 The company uses.

  Describe the directional effect

Describe the directional effect (increase, decrease, or no effect) of each transaction on the components of the book value of common shareholders' equity shown in the chart on the next page.

  May bank reconciliation showed check

The May bank reconciliation showed check No. 748 for $210.90 and check No. 710 for $195.80 outstanding on April 30. The June bank statement included check No.

  Calculate the ratio of exchange and the ratio of exchange

The transaction would require Phylum to swap its shares for those of Taxonomy, which would be paid $60 per share. Calculate the ratio of exchange and the ratio of exchange in market price for this transaction.

  Explain the consumer credit protection act

Describe and explain the Consumer Credit Protection Act or sometimes called the "Truth in Lending Law" and how it protects consumers?

  What is the current price of the stock

Suppose Josee prefers to receive $6,000 dividend per year for the next three years. How can she accomplish this? What will be the value of her portfolio after 3

  How long will it take jack o marry jill?

Jack asked Jill to marry him, and she has accepted under one condition. Jack must buy a $350,000 house. Jack currently has $285,530 that he may invest. He has f

  Indirect exchange rate between the us dollar

Identify the graph of the indirect exchange rate between the U.S. dollar and Japanese yen for the past 120 days. a. When was the dollar strongest against the yen? When was it the weakest?

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