What is the economic order quantity

Assignment Help Finance Basics

Reference no: EM13290757

Stan Lee's sells 4,300 carpets a year at an average price per carpet of $1,490. The carrying cost per unit is $21.63. The company orders 500 carpets at a time and has a fixed order cost of $69 per order. The carpets are sold out before they are restocked. What is the economic order quantity.

Reference no: EM13290757

Questions Cloud

Explain an ammonia/ammonium buffer solution contains : An ammonia/ammonium buffer solution contains 0.22M NH3 and 0.83M NH4^+. The Kb value of ammonia is 1.8*10^-5. Calculate the of this buffer.

Explain the same cuvette has an absorbance : measured in a 1.00-cm pathlength cuvette, has an absorbance of 0.321 while the reagent blank in the same cuvette has an absorbance of 0.014. What would be the absorbance reading of these two solutions if measured in a cuvette with 5.00 cm pathleng..

Which do you think is better give reasons and examples to : Some people prefer to take a position in a company and work for the company. Other people think it is better to go into business for themselves.

Write a page paper reviewing the lottery : Write a page paper reviewing "The Lottery"

What is the economic order quantity : The carpets are sold out before they are restocked. What is the economic order quantity.

Find numbers of turns necessary for secondary windings : A doorbell is connected to a transformer whose primary contains 3000 turns and which is connected to 120V AC. If the doorbell requires 0.2 A at 10 V, find the numbers of turns necessary for the secondary winding and the current that flows in the p..

What is the last day you can pay the discounted price : You purchased an item costing $5,700 on July 13. The terms of sale were 1/5, net 20. What is the last day you can pay the discounted price?

Explain 1-napthaleneacetic acid is not soluble in water : 1-Napthaleneacetic acid is not soluble in water at room temperature but goes into solution readily when heated.

What is the amount of the collection float : Every day, the firm mails out checks totaling $4,400 that generally take 3 days to clear the bank. What is the amount of the collection float.

User Account

All Pages