ZuoTi.Pro
Question

XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier....

XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier. Fixed costs per order are $930 and carrying cost is $7 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

*Please rate Thumbs up

0 0
Add a comment
Know the answer?
Add Answer to:
XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

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

  • XYZ is a retailer and sells 108,000 units per year. It purchases from a single supplier....

    XYZ is a retailer and sells 108,000 units per year. It purchases from a single supplier. Fixed costs per order are $912 and carrying cost is $7 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/- 1

  • 1 - XYZ is a retailer and sells 144,000 units per year. It purchases from a...

    1 - XYZ is a retailer and sells 144,000 units per year. It purchases from a single supplier. Fixed costs per order are $846 and carrying cost is $8 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/- 1 2 - XYZ is a retailer and sells 183,000 units per year. It purchases from a single supplier. Fixed...

  • A company sells 150,966 units per year. Fixed costs per order are $134 and carrying cost...

    A company sells 150,966 units per year. Fixed costs per order are $134 and carrying cost is $26 per unit per year. What is the Economic Order Quantity?

  • 11. XYZ Company is a retailer of widgets. XYZ pays $4.75 for each widget and sells...

    11. XYZ Company is a retailer of widgets. XYZ pays $4.75 for each widget and sells them for $8.00. Monthly fixed costs are $26,000. The widget cost is the only variable cost. a. What is the contribution margin per unit? b. What is the break-even point in units? c. How many units will XYZ need to sell to earn target profit of $13,000?

  • A firm sells 16,000 units of an item each year. The carrying cost per unit is...

    A firm sells 16,000 units of an item each year. The carrying cost per unit is $.65 and the fixed costs per order are $55. What is the economic order quantity? 1,498 units 1,531 units 1,646 units 1,465 units 1,613 units

  • Cavendish Convenience Stores purchases 1000 U.S. Road Maps a year for its inventory from its supplier,...

    Cavendish Convenience Stores purchases 1000 U.S. Road Maps a year for its inventory from its supplier, who offers pricing at quantity discounts. The cost for Cavendish to place an order is $42, and the annual carrying cost is 15%/year. What quantity should Cavendish order? The quantities and pricing from this supplier are shown in the following table: ORDER QUANTITY UNIT PRICE 0-149 $12.00 150-349 $11.70 350-999 $11.50 1000 or more $11.20 a) What is the EOQ when the unit price...

  • QUESTION 26 A local retailer purchased inventory from an overseas supplier and believes the assumptions of...

    QUESTION 26 A local retailer purchased inventory from an overseas supplier and believes the assumptions of the EOQ model are met reasonably well. Data from their accountant show annual demand (D) =19,951 units, ordering cost (S) - $42 per order, and holding cost (11) - 54 per unit per year How many times per year will she replenish her inventory of this material? (or 'How many orders will she place in one year?) Demand 19,951 unit per year ordering cost...

  • A local retailer purchased inventory from an overseas supplier and believes the motions of the EOQ...

    A local retailer purchased inventory from an overseas supplier and believes the motions of the EOQ moet are met wat was tomar show annual demand) -28,217 units, ordering cost (S) - $42 per order, and holding cost-$4 per unit per year How many times per year with repliester inventory of this material for 'How many orders will she place in one year?) Demand 28,217 unit per year ordering cost $42 per order holding cost $4 per unit per year Excel...

  • HELP!! Comfy Furniture sells 3,800 couches per year at an average price of $1,180. The carrying...

    HELP!! Comfy Furniture sells 3,800 couches per year at an average price of $1,180. The carrying cost per couch is $10.50 and the fixed order cost is $190. What is the economic order quantity for the couches? Comfy Furniture sells 3,800 couches per year at an average price of $1,180. The carrying cost per couch is $10.50 and the fixed order cost is $190. What is the economic order quantity for the couches? Multiple Choice 412.05 units O 370.84 units...

  • XYZ Inc. sells a single...

    XYZ Inc. sells a single product for $10 per unit. Variable production costs are $5 per unit. Fixed overhead costs amount $10,000 per month. Variable selling costs are $1 per unit. Fixed selling costs are $5,000 per month. Last month, the company produced 10,000 units and sold 6,000 units. What was ABC's net operating income?

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