Reference no: EM131097266
Economic Order Quantity (EOQ)
A product sells at the rate of 5 per day and the company operates seven days per week. The order quantity is 100. It takes 7 days for an order to be delivered. Carrying cost is $2.00 per unit per year.
What is the maximum inventory assuming zero safety stock?
What is the minimum assuming zero safety stock?
What is the average inventory assuming zero safety stock?
What is the reorder point assuming zero safety stock?
Currently, on-hand inventory is 20 and in-transit is 100. What amount should be ordered?
Currently, on-hand inventory is 20 and in-transit is 0. What amount should be ordered?
What is the cost of carrying the inventory per year (zero safety stock)?
What is the EOQ if order cost is $200?
|
What is the minimum inventory and average inventory
: A product sells at the rate of 5 per day and the company operates seven days per week. The order quanitity is 100. It takes 7 days for an order to be delivered. Carrying cost is $200 per unity per year. Assume safety stock is 20 units. What is the ma..
|
|
Prepare a critical analysis of a quantitative study
: Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
|
|
Compute the following measures of profitability
: 1. Compute the following measures of liquidity for 2013 and 2014: (a) working capital and (b) current ratio. Round your current ratio values to one decimal place.
|
|
What is the firm profit maximizing price
: The inverse demand for a monopoly's product is P=92-5Q, where Q=Q1+Q2. The marginal cost of producing in the two plants is MC1=2Q1 and MC2=6Q2. How much output should be produced in each plant? What is the firm's profit maximizing price?
|
|
What is the average inventory assuming zero safety stock
: A product sells at the rate of 5 per day and the company operates seven days per week. The order quantity is 100. It takes 7 days for an order to be delivered. Carrying cost is $2.00 per unit per year. What is the maximum inventory assuming zero safe..
|
|
Assume monopoly demand function
: Assume a monopoly's (inverse) demand function is as follows: P=250-10Q. The firm's total cost function is: TC=80+10Q. What is the profit maximizing output for this firm? What will be the firm's maximum profit?
|
|
How many units should your firm produce in the short run
: Assume that you are the manager of a perfectly competitive firm. The market price of the output is $60. Your firm's total cost function is Q^2+12Q+60. How many units should your firm produce in the short run? What will the profit/loss of your firm be..
|
|
What is the market equilibrium price
: Suppose the competitive market price is $50, and a competitive firm’s total costs = 5q2 - 10q + 150 and marginal cost = 10q - 10. What is the market equilibrium price? Should the competitive firm produce q*? Explain why using one of the four key ques..
|
|
Reflect on the sovereign debt crisis
: Reflect on the sovereign debt crisis in Greece. Why is it causing so much disagreement among Euro Zone countries? What role has the International Monetary Fund played in the situation?
|