Question

The is minimized when a company uses the economic ordering quantity (E0Q) model for its inventory management total inventory
1 pts Which of the following statements about the cash management in multinational companies is correct? Most multinational c
1 pts Governments often impose into their countries to restrict the quantities of foreign products that multinational firms c
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hello Sir/ Mam

Q - 1 - YOUR REQUIRED ANSWER IS OPTION A : Total Inventory Costs

By ordering the Economic Order Quantity(EOQ), the overall total costs of inventory, i.e. ordering costs, carrying costs are minimized.

I hope this solves your doubt.

Feel free to comment if you still have any query or need something else. I'll help asap.

Do give a thumbs up if you find this helpful.

Add a comment
Know the answer?
Add Answer to:
The is minimized when a company uses the economic ordering quantity (E0Q) model for its inventory...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Which of the following statements about the cash management in multinational companies is correct? Group of...

    Which of the following statements about the cash management in multinational companies is correct? Group of answer choices Multinational companies always prefer holding more cash in their foreign operations than in their domestic operations. Multinational companies often try to slow down collections and speed up disbursements where possible. Most multinational companies prefer to operate in countries that enact quotas on imported goods, because such quotas normally limit the amount of money the firms can lose in those countries. Multinational companies...

  • 3. Calculate the Economic Ordering Quantity (EOQ) model Aa Aa Inventory costs can be categorized as...

    3. Calculate the Economic Ordering Quantity (EOQ) model Aa Aa Inventory costs can be categorized as the costs associated with holding the inventory, ordering and receiving the inventory, or running out of the inventory. For example, costs are the direct and indirect costs of keeping inventory on hand. carrying ordering The number of units in the optimal size order is called the economic ordering quantity (EOQ). Jones Company purchases custom-made durable packing boxes to ship its equipment. Each year, Jones...

  • At the economic order quantity Total annual inventor costs holding costs and ordering costs are all minimized Total an...

    At the economic order quantity Total annual inventor costs holding costs and ordering costs are all minimized Total annual inventory costs and holding costs are minimized Total annual inventory costs are minimized and hold costs equal ordering costs Total annual inventory costs are minimized and holds costs exceed ordering costs Total annual inventory cost are minimized and ordering costs exceed holding costs Consider the following statements regarding traditional costing systems: Overhead costs are applied to products on the basis volume...

  • Question 3(30 marks) The Economic Order Quantity is a model used to manage inventory and to...

    Question 3(30 marks) The Economic Order Quantity is a model used to manage inventory and to decide how much of any particular item to order when stocks need to be replenished. This model determines the optimal order quantity in terms of minimizing the total inventory costs (a) Explain with the help of a graph, the Economic Order Quantity Model in inventory management? (15 Marks) (b) XYZ company manufactures mobile phones and have a strong global presence in every part of...

  • A5: Packing Crate Inventory MGT305 You’ve recently been hired as a project manager at a distribut...

    A5: Packing Crate Inventory MGT305 You’ve recently been hired as a project manager at a distributor of fruits and vegetables located in Northern Kentucky. An operations manager has asked for your help in analyzing current inventory policies related to packing crates. She’s looking for a lower cost policy. Currently, the operation buys crates from a regional supplier. The operation uses 1800 crates each month. Annual carrying cost is 18% of the $6 acquisition cost per crate. Each order costs approximately...

  • Describe how Chaparral uses participation and empowerment to motivate its workers. Employee Participation at Chaparral Steel...

    Describe how Chaparral uses participation and empowerment to motivate its workers. Employee Participation at Chaparral Steel Although few many have heard of Chaparral Steel, the company enjoys a stellar reputation as one of the most effective firms in the steel industry. Chaparral was founded in 1973 in a small town of Dallas and today enjoys annual sales of almost $500 million. In earlier times, most steel companies were large, bureaucratic operations like U.S. steel (now USX) and Bethlehem Steel. However,...

  • With $2.3 Trillion Injection, Fed’s Plan Far Exceeds Its 2008 Rescue The Federal Reserve said it...

    With $2.3 Trillion Injection, Fed’s Plan Far Exceeds Its 2008 Rescue The Federal Reserve said it would buy some municipal bonds and some riskier debt to help governments and companies. The Federal Reserve said it could pump $2.3 trillion into the economy through new and expanded programs it announced on Thursday, ramping up its efforts to help companies and state and local governments suffering financial damage from the coronavirus. The central bank rolled out its relief package just as the...

  • Paragraph One- Introduce your primary source "Chapter" (Economics of Public Issues, Miller et.al, 2014) claims....introduce the...

    Paragraph One- Introduce your primary source "Chapter" (Economics of Public Issues, Miller et.al, 2014) claims....introduce the main point of the chapter and explain: Why should we care? How will this topic, issue, problem affect us? Or more to the point, who will benefit from knowing more about this issue, situation, problem. Why is this an important topic, issue, or problem? Paragraph Two Introduce the main points of your research. Make sure you give credit to at least two other sources....

  • Global Airline Alliances, Airline Joint Ventures, and Network Difficulties Star Alliance (initiated by United Airlines) became...

    Global Airline Alliances, Airline Joint Ventures, and Network Difficulties Star Alliance (initiated by United Airlines) became the first multi-airline global network where member carriers could book seamless schedules and share frequent flyer benefits among their passengers. It was a convenient way for airlines to expand and maintain market share internationally without having to invest billions of dollars in market growth initiatives. It gave alliance partners airport access in regions where it might be difficult to obtain. Many of the partners...

  • Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals...

    Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals and standards in conjunction with a major organizational change. Garment manufacturing is a complex industry for many reasons. The product line is a complex array of styles, seasons, varying life cycles and multidimensional sizing. Many sewn product firms are viewing TQM as the appropriate strategy to meet the double demand of competition and quality; however, many companies are finding sustaining their TQM adoption decision...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT