What will be the economic order quantity

Assignment Help Business Economics
Reference no: EM13709027

If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00. What will be the Economic Order Quantity?

Reference no: EM13709027

Questions Cloud

Consider the flow of a uniform stream of speed : Consider the flow of a uniform stream of speed V in the x-direction and a sink of strength Q at the origin. Find the stagnation point(s) and the equation of the stagnation streamline. Sketch (freehand) the flow streamlines
Specific recommended strategy and long term objectives : 13. Specific recommended strategy and long term objectives Explain why you chose the strategy, and discuss how much the strategy will cost to implement and how much new revenue your strategy will create. Include your action timetable agenda for ..
Developed to operate an irrigation system : A Rankine cycle power plant is being developed to operate an irrigation system. In this power plant solar energy will be used to boil a low boiling point fluid within glazed flat plate solar collectors. The working fluid that has been selected is the..
Estimate what is the resistance of the wire : When a potential difference of 19 V is applied to a given wire, it conducts 0.30 A of current. What is the resistance of the wire
What will be the economic order quantity : If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00. What will be the Economic Order Quantity?
How much does it cost to operate the light for an hour : The current in a 120-V reading lamp is 2.1 A. If the cost of electrical energy is $0.075 per kilowatt-hour, How much does it cost to operate the light for an hour
What does the company''s diversification strategy : 3). What does the company's diversification strategy look like (Use the Rumelt's typology - single, dominant, related or unrelated - are there linkages, limited links or unrelated links between the businesses? Determine if it is greater or les..
What is the average current in the power line : A household uses 2,971 kWh of electricity in one month. What is the average current in the 120 V power line to the house
What are companys financial strengths and weaknesses : What strategies is the business using to ensure responsible accounting practices? Why have these strategies been selected - Analyze the results of operations. What do these results tell a business?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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