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 costs per order are $961 and carrying cost is $10 per unit per year. In economic order quantity model, what would be the lowest total inventory cost? That is, the lowest sum of total carrying cost and total shortage cost.
Enter your answer rounded off to two decimal points. Margin for error: +/- $10
1 - XYZ is a retailer and sells 144,000 units per year. It purchases from a...
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
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?
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?
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.
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
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?
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...
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...
o A retailer expects to sell about 200 units of a product per year. The storage space taken up in ihi by one unit of this product is to cost $20 per year. The cost associated with ordering is $35 per order, interest rates are expected to remain close to 10% per year and the total cost of one unit is $100. (a) What is the economic order quantity? (b) Calculate the total annual cost, (c) Suppose, for administrative convenience,...
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...