What is the annual ordering cost of cheese inventory

Assignment Help Finance Basics
Reference no: EM131413570

Finance: EOQ, Average Inventory

Question

Cheeseburger and Taco Company purchases 11,347 boxes of cheese each year. It costs $11 to place and ship each order and $6.96 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual ordering cost of cheese inventory.

Reference no: EM131413570

Questions Cloud

Generating ideas but for developing : Read, carefully, about the technique. Note that it is useful for not only generating ideas but for developing one's intuitive capacity. Also note that about half the people who use this technique find it extremely useful (I'm one of them).
How would you integrate and incorporate those mechanisms : An important issue facing the network and its security is the spread of malicious software. There are reports regularly about organizations that have been impacted by malicious software.Prepare a paper that discusses this issue.
Explain what the binary numbers s m and e represent : Explain what the binary numbers s, m and e represent. How many bits would typically be used for s, m and e in a single-precision floating-point number?
How does alma garcia examine the development : How does Alma Garcia examine the development of Chicana feminist discourse, please explain in your own words and provide your perspective on Garcia arguments?
What is the annual ordering cost of cheese inventory : Cheeseburger and Taco Company purchases 11,347 boxes of cheese each year. What is the annual ordering cost of cheese inventory.
Develop a console program that simulates a section of a menu : The first step in writing a software application is to determine the requirements. There is no value in writing a program that does not address the needs of the client. Requirements can be gathered in many ways, but ultimately, the requirements se..
Learned about business process reengineering : Using what you have learned about Business Process Reengineering, provide an example of a broken process that is causing you difficulty. An example of this may be the process to return merchandise ordered online.
Find what is annual ordering cost of the post card inventory : Post Card Depot, an large retailer of post cards, orders 5,604,830 post cards per year from its manufacturer. What is the annual ordering cost of the post card inventory?
Write a two-process vhdl description of the state machine : Produce next state and output logic for the state machine of Exercise 5.5 and write a VHDL description of the hardware using simple gates and positive edgetriggered D flip-flops. Verify this hardware by simulation.

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