What is the expected time between orders

Assignment Help Accounting Basics
Reference no: EM133517998

Assignment:

1. Determine the EOQ for this product assuming you have the following parameters:

  • Annual Demand = 360 units (D)
  • Holding cost per unit per year = $1 per unit (H)
  • Order cost = $100 per order (S)

2. Given the data above, and assuming a 300-day work year, how many orders should be processed per year? What is the expected time between orders?

3. What is the total cost for the inventory policy used in PP 1.3?

4. Based on the material from PP's 1.3 to 1.5, what would the cost be if the demand was actually higher than estimated (e.g., 500 units instead of 360 units), but the EOQ established in PP 1.3 is used? What will be the actual total cost?

Reference no: EM133517998

Questions Cloud

Contrast two companies and their green initiatives : Go to the online library or internet and identify two companies with relatively the same product or service (transportation company).
Distinguish between random and assignable variation : Distinguish between random and assignable variation. Discuss the relevance of each to measuring quality of care and to the design and evaluation of quality
Compatible with your overall learning objectives : If you are a pre-service please reflect on how the learning outcomes may or may not be compatible with your overall learning objectives.
Describe how potential topics for pips will be identified : Define the following terms, illustrating each definition with at least one example: Uniform Data Set ADL PASRR Physical and Chemical Restraints Automatic Stop
What is the expected time between orders : Given the data above, and assuming a 300-day work year, how many orders should be processed per year? What is the expected time between orders?
What are the common factors in all the treatments described : Which treatment will you find difficult? Why? - What are the common factors in all the treatments described?
Families about baby and toddler activities : Reflect on the importance of communicating daily with families about baby and toddler activities and how you support this in childcare service.
About the importance of physical activity for children : Reflect on ways information can be provided to parents about the importance of physical activity for children.
How could you apply this model to better respond to the care : How could you apply this model to better respond to the care requirements in this situation, including social and emotional wellbeing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd