ABC Company sells 4,942 chairs a year at an average price per chair of $125. The carrying cost per unit is $15.33. The company orders 250 chairs at a time and has a fixed order cost of $52.7 per order. The chairs are sold out before they are restocked. What are the total carrying costs?
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ABC Company sells 4,942 chairs a year at an average price per chair of $125. The...
ABC Company sells 2,505 chairs a year at an average price per chair of $180. The carrying cost per unit is $37.48. The company orders 496 chairs at a time and has a fixed order cost of $50.7 per order. The chairs are sold out before they are restocked. What are the total shortage costs?
ABC Company sells 46,053 chairs a year at an average price per chair of $17.28. The carrying cost per unit is $23.71. The company orders 147 chairs at a time and has a fixed order cost of $89.83 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)?
Question 16 ABC Company sells 38,436 chairs a year at an average price per chair of $23.28. The carrying cost per unit is $20.64. The company orders 133 chairs at a time and has a fixed order cost of $160.16 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)?
ABC Company sells 19,996 chairs a year at an average price per chair of $13.26. The carrying cost per unit is $9.88. The company orders 108 chairs at a time and has a fixed order cost of $68.78 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)? Enter your answer rounded off to two decimal points. Do not enter comma or $ in...
i. KYC company makes 27 orders of chairs in a year and orders 18,306 chairs each time. The fixed order costs are $424.89 per order and the carrying cost per unit is $59.18. The chairs are sold out before they are restocked. What are the shortage costs if the company orders the optimal quantity (Economic Order Quantity)? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. ii. Deploy ABC Company...
ABC Company sells 37,029 chairs a year. The carrying cost per unit is $5.22 and the fixed costs per order are 35.25 per order. The company orders 397 units each time. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box.
ABC company makes 23 orders of chairs in a year and orders 9,508 chairs each time. The fixed order costs are $409.6 per order and the carrying cost per unit is $95.9. The chairs are sold out before they are restocked. What are the shortage costs if the company orders the optimal quantity (Economic Order Quantity)? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box.
1. ABC company makes 15 orders of chairs in a year and orders 4,001 chairs each time. The fixed order costs are $822.77 per order and the carrying cost per unit is $47.11. The chairs are sold out before they are restocked. What are the shortage costs if the company orders the optimal quantity (Economic Order Quantity)? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. 2.ABC Company currently has...
1.ABC Company currently has a cash cycle of 238 days. The company went through a management change. The new management has changed the working capital policies for the company. The new policies will decrease the inventory period by 24 days, decrease the accounts receivable period by 30 days, and decrease the accounts payable period by 45 days. Calculate the number of days in the new cash cycle after the above changes become effective? That is, what is the new cash...
Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 22 units per day Average lead time = 31 days Item unit cost = $51 for orders of less than 210 units Item unit cost = $47 for orders of 210 units or more Ordering cost = $26 Inventory carrying cost = 20% The business year is 250 days Assume there is no uncertainty at all about the demand or the lead time. a....