What is the firm EOQ for this product

Assignment Help Financial Management
Reference no: EM132037363

Alex's Sporting Goods is the only official supplier of soccer balls for games and practices at all levels of play in the Northwest region. It expects to sell 150,000 soccer balls this year. If carrying costs are $1.50 per soccer ball per year and ordering costs are? $93 per order, what is the firm's EOQ for this product? (Please round your answer to the nearest whole number of balls.)

Reference no: EM132037363

Questions Cloud

Find the number of standard deviations : Find the number of standard deviations the raw score 67 is from the mean ( a positive value rounded to nearest hundredth).
Calculate the farmer gains and losses associated : Calculate the Farmer's gains and losses associated with however many futures are needed. Future Lot size is 10,000 since he produces 10,000 each/per season.
What is this stock expected total rate of return : What is this stock's expected total rate of return (assume market is in equilibrium with the required rate of return equal to the expected return)?
What is the probability that burke is on the committee : A committee of three is chosen from five councilors- Adam, Burke, Cobb, Dilby, and Evans. What is the probability that Burke is on the committee?
What is the firm EOQ for this product : If carrying costs are $1.50 per soccer ball per year and ordering costs are? $93 per order, what is the firm's EOQ for this product?
What would be the probability that the hours of sleep : What would be the probability that the hours of sleep per night for a random sample of 4 college students has a mean between 6.73 and 6.92?
What is the discount rate on the stock : What is the discount rate on the stock? What price should she be willing to pay for the stock today?
Standard deviation of the sampling distribution : What is the standard deviation of the sampling distribution?
What is profit or loss associated with copper : Allocate the joint costs using the relative sales values. With these costs, what is the profit or loss associated with Copper?

Reviews

Write a Review

Financial Management Questions & Answers

  How much larger will the outstanding balance be

How much larger will the outstanding balance be at time of repayment on the 30 year loan versus the 15 year loan?

  How is a bank leverage ratio computed

Identify and show the key components of a bank’s balance sheet. How is a bank’s leverage ratio computed? What does it describe?

  Classify the budget in terms of objects of expenditure

classify the budget in terms of objects of expenditure. link specific outcome measures to requests for funds.

  Describe legal rights and privileges of common stockholders

Briefly describe the legal rights and privileges of common stockholders.

  What should your investment be worth in one year

You have $10,000 to invest and you are considering investing in a fund. The fund charges a front-end load of 5.75% and an annual expense fee of 1.25% of the average asset value over the year. You believe the fund's gross rate of return will be 11% pe..

  Underwriter spread per share on the stock offering

Calculate the net proceeds per share and the underwriter's spread per share on the stock offering.

  Value a constant growth stock financial analysts

Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 14.00 percent. Their recent dividend was $2.53. What is the value of their stock when the required rate of return is 17.00 percent?

  What would the pmpm cost of the hmo be

If an HMO covers 150,000 lives, expects 35 myocardial infarctions to occur each year within the covered lives, what would the PMPM cost of the HMO be?

  Unbiased expectations theory

Unbiased Expectations Theory (LG6-5) Suppose we observe the 3-year Treasury security rate (1R3) to be 5 percent, the expected 1-year rate next year—E(2r1)—to be 5 percent, and the expected 1-year rate the following year—E(3r1)—to be 5 percent. If the..

  What is market value weight of equity-market value of equity

Filer Manufacturing has 8.3 million shares of common stock outstanding. What is Market Value of Equity? What is Market Value WEIGHT of Equity?

  What is the effective annual interest rate corresponding

What is the effective annual interest rate corresponding to a nominal interest rate of 8% per annum, compounding quarterly?

  Ability of behavioral investing to enhance performance

What does the early evidence on the ability of behavioral Investing to enhance performance tell us? Please cite recent academic literature.

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