What is the optimum order size

Reference no: EM131912881

Problem

Massa Machine Tool expects total sales of $14,000. The price per unit is $8. The firm estimates an ordering cost of $13.28 per order, with an inventory cost of $1.12 per unit. What is the optimum order size?

Reference no: EM131912881

Questions Cloud

What would happen to the break-even point : What would happen to the break-even point if the selling price was raised to $33? What is the significance of this analysis?

Program that uses a loop to display the number of calories : Need some help to write a program that uses a loop to display the number of calories burned after running on a treadmill for 10, 15, 20, 25, and 30 minutes.

What are the two projects net present values : What are the two projects' net present values, assuming the cost of capital is 5%? 10%? 15%?

Conduct an appropriate hypothesis test : Conduct an appropriate hypothesis test using (i) the p-value method and (ii) the rejection point method.

What is the optimum order size : Massa Machine Tool expects total sales of $14,000. Price per unit is $8. Firm estimates an ordering cost of $13.28 per order. What is the optimum order size?

What is the importance of putting functions in a program : What is the importance of putting functions in a program? How does structure play a role in the code that is being modifying? How will it play a role

Examined music videos and completed a rhetorical analysis : Writing Prompt: Writing a Speech for a Presentation - For homework, you examined music videos and completed a rhetorical analysis

What is the p-value for the appropriate test : He picks an SRS of 30 recruits and calculates their mean 5K time is 16 minutes 52 seconds, with a standard deviation of 25 seconds.

Determine the expected return on portfolio : Suppose that you have $1 million and the following two opportunities from which to construct a portfolio:Risk-free asset earning 12% per year.

User Account

All Pages