Economic order quantity-cater company

Reference no: EM1364135

Carter Company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,100 and total carrying cost is $1,100. Which of the following statements is true?

a. the economic order quantity (EOQ) is 250

b. the economic order quantity (EOQ) is more than 250

c. the economic order quantity (EOQ) is less than 250

d. total inventory-related cost is lower than it would be at the economic order quantity (EOQ)

e. none of these

Reference no: EM1364135

Questions Cloud

Awareness of interpersonal incompatibilities : Administrative conflict is an awareness of interpersonal incompatibilities among those working together on a task.

Effective performance management program : Are appraisal systems necessary - Do you think that with an effective performance management program an appraisal system is necessary?

Write subclass for constructor accepting a double : Write a (non-abstract) subclass, ApartmentHouse, containing: a constructor accepting a double, passed to the superclass constructor, and an int used to initialize numberOfApartments

Illustrate what is the price elasticity of demand for movie : Movie attendance dropped 8 percent as ticket prices rose a little more than 5 percent. Illustrate what is the price elasticity of demand for movie tickets. Could price elasticity be somewhat overestimated from these figures.

Economic order quantity-cater company : Carter Company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,100 and total carrying cost is $1,100. Which of the following statements is true?

When should you use a panel interview : what situations would you be most likely to use a panel interview? Are there positions for which you would not? Thoughts, class?

Effect of the environment on families : I am doing a debate and I am on the CON side of the Effect of the Environment on Families and have to answer these questions with the view.

How high is the ledge to the nearest metre : A swimmer heads directly across a river, swimming at 1.60 m/s relative to the water. She arrives at a point 58.0 m downstream from the point directly across river, 63 m wide. What is the speed of the river current.

Determine the interest amount : Mr. Nailor invests 5,000 in a certificate of deposit at his local bank. He receives yearly interest of 8 percent for 7 years.

User Account

All Pages