180,000 logs $10 to store $25 to reorder The Lucky Smells Lumbee Mill sells 180,000 logs anally It costs c10 tO store each log for1 year and 125 to place a reordee. Find the number of logs that sh...
The lucky smells Lumber mill sells 180,000 logs annually.lt costs $16 to store each log for 1 year and $25 to place a reorder.Find the number of logs that should be produced per order ,and how often they should place orders. 7 The Lucky Smells Lumber Me seils 180.000 logs annually it costs $18 to store each log for 1 year and $25 to place a reorder. Find the number of logs that should be produced per order and how...
Sheet A computer store sells 7,200 boxes of storage drives annually. It costs the store $0.20 to store a box of drives for one year. Each time it reorders drives, the store must pay a $5.00 service charge for processing the order. 7200 boxes of storage drives are sold every year 0.2 is the cost of storing one box 5 is the cost of ordering boxes X is the number of boxes ordered is the number of orders per year...
Sheet A computer store sells 7,200 boxes of storage drives annually. It costs the store $0.20 to store a box of drives for one year. Each time it reorders drives, the store must pay a $5.00 service charge for processing the order. 7200 boxes of storage drives are sold every year 0.2 is the cost of storing one box 5 is the cost of ordering boxes X is the number of boxes ordered is the number of orders per year...
how do you get these answers? 23. (10 points) An electronics store sells tablets and laptops that are currently supplied by two different manufacturers in Asia. They are considering aggregating these orders by obtaining both products from a single supplier who will charge $10,000 per delivery. Annual holding costs are 25%. The monthly demand and unit cost for each product are summarized below. Tablets Laptops Monthly Demand 12,000 5000 Unit Cost of Product $100 $400 If you aggregate all products,...
a) A manufacturer has a steady annual demand for 43, 520 cases of sugar. It costs $10 to store 1 case for 1 year, $34 in set up cost to produce each batch, and $15 to produce each case. Find the number of cases per batch that should be produced to minimize cost. b) Every year, the same manufacturer sells 107,856 cases of cookie mix. It costs them $2 per year in electricity to store a case, plus they must...
MCQ: Lucy's lemonade store sells 100000 cups of lemonade each year at $3/each. Each cup of lemonade costs $0.5 in lemon, $1 in sugar, and $0.5 in labor. She serves lemonade in paper cups and pays $0.1 for each. Lucy also pays $60000 to lease the store and furniture. What is her yearly profit? Select one: O a. $20000 O b. $50000 O c. $15000 O d. -$5000 O e. $30000 MCQ: A firm's marginal cost function, MC=2Q2+50Q and average...
anyone who understands advanced math, please help! 13 The graph below approximates the rate of change of the price of tomatoes over a 60-month period, where p(t) is the price of a pound of tomatoes and is time (in months). 14 15 16 17 18 19 20 21 22 23 0.07 0.06 p'(t) 0.05 0 15 24 0.04 30 0.06 0 -0.02 0 0.06 25 26 27 0.03 45 p'(t) (dollars per month) 0.02 60 0.01 28 0 0 10...
Activity-Based Costing, Distorted Product Costs Sharp Paper Inc. has three paper mills, one of which is located in Memphis, Tennessee. The Memphis mill produces 300 different types of coated and uncoated specialty printing papers. Management was convinced that the value of the large variety of products more than offset the extra costs of the increased complexity. During 20X1, the Memphis mill produced 120,000 tons of coated paper and 80,000 tons of uncoated paper. Of the 200,000 tons produced, 180,000 were...
2) compute contribution margin for each channel 3) compute break even point (in terms of number of orders and dollars) for each distribution channel (HINT - Fixed costs are all trade show expenses. Use depreciation for the booth as a fixed cost. The booth cost should be considered an investment not a fixed cost) 4) Calculate the number of orders at a target profit of $100,000 5) Calculate the profitability for both the low and high order estimates We were...
. Required Question: 1. Should Matt try to suggest a better method for reducing purchasing costs? (200 words) 3. How can Matt find out more information about the suppliers in a short period of time? (200 words) 3. what are his internal or external resources that he should consider? Custom Equipment It was July 2, and Mat Roberts had just been given his robots/weldguns, affiliate-produced parts/fabricated com- first assignment, te Wire Management Program" ponents, and steel/other metals. Matt was hired...