What is the economic ordering quantity

Reference no: EM13294366

Midwest Tires has expected sales of 12,000 tires this year, an ordering cost of $6 per order, and carrying costs of $1.60 per tire.

a. What is the economic ordering quantity?
b. How many orders will be placed during the year?
c. What will the average inventory be?

Reference no: EM13294366

Questions Cloud

Obtain the pla programming table and draw the circuit : PLA design - 2bit number (AB) is multiplied by another2bit number (CD), and the four bits of the productare:f3,f2,f1,f0. Obtain the PLA programming table and draw the circuit.

What is the required rate of return on a stock : Assume that the risk-free rate is 5.5% and the expected return on the market is 12%. What is the required rate of return on a stock with a beta of 1.6? Round your answer to two decimal places.

Explain heat energy is removed from a granite sample : Suppose that 10.9 kJ of heat energy is removed from a granite sample at 25°C. If it has a mass of 625 g, what is its new temperature

Determine the intensity of the light wave : LASIK eye surgery uses pulses of laser light to shave off tissue from the cornea, reshaping it. what is the intensity of the light wave

What is the economic ordering quantity : Midwest Tires has expected sales of 12,000 tires this year, an ordering cost of $6 per order, and carrying costs of $1.60 per tire.

Explain how to compute delta mixg and delta mixs : Calculate Delta mixG, Delta mixS, and Delta mixH for mixing 150.0 g of benzene with 200.0 g of toluene at 20 degree C and 1 atm.

Using a software program to create story books : submit a unit plan spanning Two to Four weeks. See this example of a unit plan, (or search the web for a unit plan example that best suits matches your needs). Technology should be integrated for assessment, instruction, and student engagement..

What should sedly sell for today : The stock of Sedly Inc. is expected to pay the following dividends: Dividend Year 1 $2.25; Year 2; $3.50; Year 3 $1.75; Year 4 $2.00. at the end of the fourth year its value is expected to be 37.50. What should Sedly sell for today if the return o..

What is the present value of this liability : If the relevant discount rate is 8 percent, what is the present value of this liability?

User Account

All Pages