User Account

All Pages

What is the max inventory level

Assignment Help Macroeconomics
Reference no: EM131211894

The bathroom section of a large department store sells 18,233 specialty bath towels per year. The unit purchase cost of a towel from the store's supplier is $2.40 per towel. The cost of placing an order to the supplier is $14.00 per order. The holding cost is $0.60 per towel per year. Assume that the Economic Order Quantity (EQQ) Model is appropriate here, and that EQQ= 922.43.

1) What is the max inventory level?

2) What is the average inventory level?

3) What is the approx. number of orders per year?

4) What is the total annual setup (i.e. order) cost?

5) What is the total annual holding cost?

Reference no: EM131211894

Questions Cloud

Describe the hypothetical phone conversation : Draw a new diagram that reflects this arrangement and describe the hypothetical phone conversation.
Interviewing three people for one sales job : You are interviewing three people for one sales job. On the basis of your experience, you believe Jane can sell 600 units a day, Tom can sell 450 units a day and Kevin can sell 400 units a day. The daily salary each person is requesting is as fo..
Fully rewrite the given article in own words : Given is the article.-  Fully rewrite the article in your own words.
What common faulty arguments use to justify peoples beliefs : What are the most common faulty arguments used to justify peoples' beliefs? What would you say to someone whose beliefs are unfounded and possibly dangerous to their health?
What is the max inventory level : The bathroom section of a large department store sells 18,233 specialty bath towels per year. The unit purchase cost of a towel from the store's supplier is $2.40 per towel. The cost of placing an order to the supplier is $14.00 per order. The hol..
How many bits are delivered to the network layer protocol : How many bits, including headers, are delivered to the network layer protocol at the destination?
Advise tom and edgar as to their legal position relevant law : When Peter and Aidan return they are furious to find out what Adrian has done and refuse to accept delivery of the journals or the surveying equipment or to pay for them. Advise Tom and Edgar as to their legal position, citing relevant law
Indifference curve going through optimal choice : (a) Derive the demandfunctionof good 1. (b) What is the optimal consumption of good 1 i fm=6andp1 =p2 =1? (c) Draw the budget constraint, optimal choice and indifference curve going through this optimal choice. (d) Imagine that the price of good 1 in..
Does this difference in the file sizes imply an error : Does this difference in the file sizes imply an error in the data transfer? Why or why not?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd