ABC Company supplies ink cartridges for printers on the aftermarket (i. E. They sell replacement cartridges). The demand for the cartridge is 400 units per week, with a standard deviation of demand of 30 units per day. The holding cost of the cartridge is $3/unit/year while the ordering cost is $190/order. The company works for 50 weeks per year at 5 days per week. The desired service level for this part is 99%, it takes 5 days to get it from the supplier. The company is investigating the possibility of implementing a continuous review (EOQ) inventory system. Assume that you found the economic order quantity is 1400 units. How many times on average would you need to place an order for ink cartridges next year (rounded up to nearest whole number)

Answers

Answer 1

By implementing a continuous review (EOQ) inventory system with an EOQ of 1,400 units, ABC Company should place 15 orders for ink cartridges next year.

What is an EOQ inventory system?

An EOQ (Economic Ordering Quantity) inventory system is an inventory management technique that ensures:

Efficient inventory management decisions.The optimal amount of inventory is ordered.Annual demands are met.Holding and ordering costs are minimized.

Thus, by implementing a continuous review (EOQ) inventory system with an EOQ of 1,400 units, ABC Company should place 15 orders for ink cartridges next year.

Learn more about the EOQ model at https://brainly.com/question/16024963

#SPJ1


Related Questions

Which item was invented in 1972 by minnesota vikings field-goal kicker fred cox? skateboard nerf football super soaker etch a sketch.

Answers

The answer is the Nerf football.

Every day, people work at serving people meals at restaurants all around the world. These people work for our benefit because: a. Trade-offs are everywhere. B. They benefit by doing so. C. People think on the margin. D. Institutions require them to do so

Answers

If Every day, people work at serving people meals at restaurants all around the world.These people work for our benefit because: they benefit by doing so.

Benefit of serving meals in a restaurant

The people responsible for serving meals in a restaurant are often known as server. They do this because it is the task they are assign too.

Although they work for our benefit, they as well will benefit because they are being paid for rendering service by their employer.

Therefore the servers benefit by doing so.

Learn more about Benefit of serving meals in a restaurant here:https://brainly.com/question/14923132

The marginal revenue curve of a firm with market power will always lie below its demand curve because of.

Answers

The reason why firm with market power will have a marginal revenue curve that is always below its demand curve is because of the output effect and the discount effect.

What is the output and discount effect?

These effects refer to the tendency of firms with market power, to offer lower prices on their goods and services to be able to sell more units of their products.

For this reason, the marginal revenue - additional revenue received - will be less than price - demand curve because the price will always drop to sell more units.

Find out more on the marginal revenue curve of firms with market power at https://brainly.com/question/7451501.

If the average cost of producing ten sweaters is $6.50 and the marginal cost of producing the tenth sweater is $6.75, the average cost of producing 11 sweaters will be:

Answers

Answer:

7.15 dollars

Explanation:

Cost of one sweater=$6.50/10

=$0.65

Now,

Cost of 11 sweater = $0.65*11

=$7. 15

The average cost of producing 11 sweaters will be 7.15 dollars.

What is average cost?

The cost per unit produced in a production run is called the average cost. It stands for the typical sum of money spent on a product's production. Depending on how many units are made, this amount may change.

Average cost, often known as unit cost, in economics is calculated by dividing the total cost (TC) by the quantity of a good produced (the output Q): Average cost strongly influences how businesses decide to price their goods.

Knowing the significance of average cost will also make it easier for you to comprehend how it functions over an extended length of time.

For instance, cost varies according to production effectiveness and seasonal demand. The cost per unit of output is normalized or leveled out when the average cost is calculated.

Cost of one sweater=$6.50/10 =$0.65

Now, Cost of 11 sweater = $0.65*11 =$7. 15

Learn more about average cost, here

https://brainly.com/question/24250925

#SPJ2

an account that earns ___ interest will result in a higher annual percentage yield

Answers

Answer:

The annual percentage yield (APY) is paid to a depositor by a financial institution. The percentage is based on the existing amount after a certain period. If the owner of saving account choose not to take out the past interest revenue, the amount would be compounded for future years.

Answer:

The answer is C. Compound

Explanation:

I took the quiz :) your welcome <3

If bank customers decided as a group to pay off their loans and not take out any new loans, ceteris paribus: Group of answer choices Excess reserves would decrease. The money multiplier would decrease. The money supply would increase. The money supply would decrease.

Answers

The money supply in an economy will decrease if the bank customers decided as a group to pay off their loans and not take out any new loans.

What is a money supply?

In an economy, the money supply refers to the total amount of money that is circulatingb in such economy.

The rate of use of currency, loan instrument, certificates of deposits etc are determines the level of increase or decrease of the level of money supply in an economy.

Therefore, the Option D is correct.

Read more about money supply

brainly.com/question/3625390

On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: Accounts Receivable, debit balance of $97,800; Allowance for Doubtful Accounts, credit balance of $1,021. What amount should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible

Answers

The amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

What is bad debts expenses?

Bad debt are debts owned to a business which cannot be recovered. Here, the customer has chosen not to pay this amount.

Computation of amount to be debited to Bad Debts Expense:

=  Accounts Receivable, debit balance of $97,800 *  3% of outstanding accounts receivable at the end of the current year

= $97,800 *  3%

= $2,934

Then,

= $2,934 - $1,021

= $1,913

Hence, the amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

Learn more about bad debts expenses here : https://brainly.com/question/18568784

When is using a credit card to cover an emergency expense a good idea and won't cost you any interest?

Answers

Answer:

Bottom line. Depending on your personal financial situation, it can be ideal to have both credit cards and cash on hand during emergencies. A credit card can help you redeem rewards while also covering your emergency expenses, but it should only be used if you can pay the balance off in full without incurring interest.

Explanation:

If you paid $900 for a $1000 25-year bond that pays a 10% annual interest payment, the bond's yield is Multiple choice question. 11.1% 5.3% 10% 9%

Answers

The bond's yield given the amount paid for the bond, the face value and the annual interest payment is 11.1%.

What is the bond yield?

A bond's yield is the interest rate that equates the cost of the bond to the cash inflows from the bond.

Bond yield can be determined using a financial calculator.

Cash flow in year 0 = -900Cash flow each year from year 1 to 25 = 10% x 1000 = 100 Cash flow in year 25 = 1000

Bond yield = 11.1%

Say that a company has treated you unfairly or dishonestly. which of the following options could help you resolve the issue? i. report them to the better business bureau. ii. speak to their corporate consumer department. iii. seek the help of the department of hhs. a. i and ii b. ii and iii c. i and iii d. ii only please select the best answer from the choices provided a b c d

Answers

Answer:

A. I and II

Explanation

Typical capital budgeting decisions include ______ decisions. Multiple select question. cost reduction lease or buy employee hiring and firing equipment selection product and service pricing

Answers

Typical capital budgeting decisions include the decisions relating to the lease or buy, cost reduction, equipment selection, and product and service pricing.

What is capital budgeting?

Capital budgeting is the process that enables an entity to know the profitability of an investment made in long-term projects. It can be determined by using various methods like NPV, payback period, accounting rate of return, etc.

Capital budgeting decisions are as follows:

A) Lease or buy includes the decision whether to acquire the new asset or lease the existing ones.

B) Cost reduction can be done by replacing the old asset.

C) Equipment selection involves which equipment has to be acquired from the provided alternatives.

D) Product and service pricing relates to the type of product or service in which an entity has to invest.

Note: Hiring and firing of employees don't relate to the profitability of any long-term capital project.

To learn more about the capital budgeting here:

https://brainly.com/question/24347956

#SPJ1

Iman’s manager, using ________, required him to give up his company car because he had missed sales goals for four consecutive quarters.

Answers

The policy of Iman's manager to require him to give up his company car because of his failure to meet sales goals was punishment.

What is punishment?

When a person is punished, a positive benefit is taken away from them in order to inspire them to do better.

In this case, Iman's car was taken away from him by his manager to encourage him to meet up with sales goals that he had been failing to meet.

In conclusion, this is punishment.

Find out more on punishment at https://brainly.com/question/8517742.

If the Fed wishes to increase the money supply via open market operations, it should _____ Treasury bonds.

Answers

To increase the money supply using the open market operation strategy, the Fed should buy Treasury Bonds.

How can the Fed increase money supply?

Increasing money supply would mean the Fed releasing more currency into the U.S. economy.

This can be done by buying back treasury bonds from the public because the Fed would pay for those bonds with currency which would then float into the economy.

Find out more on open market operations at https://brainly.com/question/14256204.

The classical dichotomy and monetary neutrality are represented graphically by:.

Answers

The classical dichotomy and monetary neutrality are represented graphically in economics by: a vertical long-run aggregate-supply curve.

The long-run aggregate-supply curve.

In order to have an understanding of both short-run or long-run economic fluctuations and how the economy moves from short to long-run, economists need to use the aggregate supply and aggregate demand model.

In Economics, the labels that are used for the axes of an aggregate-supply curve are real-domestic output for the horizontal axis and price level for the vertical axis.

In conclusion, a vertical long-run aggregate-supply curve is used to graphically represent the classical dichotomy and monetary neutrality.

Read more on supply curve here: https://brainly.com/question/16447785

The minimum selling price that should be acceptable in a special order situation is equal to total Select one: a. production cost plus a normal profit margin b. variable production cost c. variable costs and avoidable fixed costs d. production cost

Answers

Usually, the minimum selling price that should be acceptable in a special order situation is equal to total variable costs and avoidable fixed costs

What is a special order?

This is a situation that involves a one-time customer order on a large quantity and a low price.

Hence, the minimum selling price to be accepted must equal to total variable costs and avoidable fixed costs for this orders.

Therefore, the Option C is correct.

Read more about special order

brainly.com/question/6947486

How are letters of credit different from secured transactions?
O A. A letter of credit tells a prospective seller how much you can buy.
A secured transaction provides the bank with assurance of
repayment
O B. A letter of credit is sent from the seller to the buyer and a secured
transaction means the seller must ship the product.
O C. A letter of credit is covered in Article 9 and a secured transaction
is covered in Article 5 of the UCC.
D. There is no difference because the bank benefits in both cases,

Answers

Answer:

The answer is B, Bill of Lading.

Explanation:

i did research

The labor efficiency variance is generally the responsibility of the ______ manager. Multiple choice question. production accounting purchasing human resources

Answers

The labor efficiency variance mainly focuses on the quality of labor hour in the process of production. The labor efficiency variance is generally the responsibility of the production manager. Option A is correct.

Who is production manager?

A Production Manager is a specialist who supervises the manufacturing process and coordinates all activities to ensure adequate resources are available.

To guarantee that workflow meets specified deadlines, they might arrange workers' schedules, estimate expenditures, and establish budgets.

Direct labor efficiency variance is usually the responsibility of the production department. Other factors, however, may have an impact on the variance.

Therefore, option A is correct.

To learn more about the labor efficiency variance, refer to:

https://brainly.com/question/16269880

#SPJ1

Bonds issued in the names and addresses of their holders are called: Multiple Choice Callable bonds. Serial bonds. Registered bonds. Coupon bonds. Bearer bonds.

Answers

Bonds issued in the names and addresses of their holders are called:  Registered bonds.

What is  Registered bonds?

Registered bonds are be defined as the type of bonds in which a  a person owning a bond information or details are  registered or recorded with the party that issued it.

In registered bonds the  registered holder  must tend to notify or inform  the issuer of  the bond whenever their is change in ownership.

Therefore Bonds issued in the names and addresses of their holders are called: Registered bonds.

Learn more about Registered bonds here:https://brainly.com/question/11882834

A country can have an increased surplus in its balance of trade as a result of:.

Answers

A Country can have an increased surplus in its balance of trade as a result of declining imports and rising exports.

What is balance of trade?

Balance of trade refers to the difference in value over a period of time between a country's imports and exports of goods and services, usually expressed in the unit.

It is to be noted that balance of trade could be favourable or unfavourable.

Hence, a Country can have an increased surplus in its balance of trade as a result of declining imports and rising exports.

Learn more about balance of trade here : https://brainly.com/question/15521324

#SPJ1  

Certificates of deposit insured by the ncua or fdic are:.

Answers

Certificates of deposit with a credit union are insured by the NCUA. Persons credit union deposits are also insured up to $250,000 by the NCUA's National Credit Union Share Insurance Fund.

What is the purpose of a certificate of deposit?

A certificate of deposit is a savings account in which the issuing bank holds a certain amount of money for a set period of time in exchange for interest, such as six months, one year, or five years.

Thus, Certificates of deposit with a credit union are insured by the NCUA.

For more details about certificate of deposit, click here

https://brainly.com/question/23551947

#SPJ1

The range of operations that falls within the capacity of the current level of fixed costs is referred to as the:

Answers

A relevant range means the range of operations that falls within the capacity of the current level of fixed costs.

What is a relevant range?

In manufacturing, this range means the specific activity level that is bounded by a minimum and maximum amount.

In other word, its is also the level of activity that a company is expected to operate within.

Hence, the relevant range is the range of operations that falls within the capacity of the current level of fixed costs.

Therefore, the Option A is correct.

Missing options "a. Relevant range b. Marginal range c. Operating range d. Linear average"

Read more about relevant range

brainly.com/question/13296648

Why is cvp analysis more difficult when using absorption costing than when using variable costing?.

Answers

CVP analysis is more difficult because its requires costs to be broken down between variable and fixed which is not done in absorption costing.

What is a CVP analysis?

This is an analysis that find out how changes in the firm's variable and fixed costs affect the firm's profit.

Hence, the analysis is difficult when using absorption costing than when using variable costing because its requires costs to be broken down between variable and fixed which is not done in absorption costing.

Read more about CVP analysis

brainly.com/question/26654564

Holding all else constant, if people who are currently discouraged workers decide to start looking for jobs again, you will see: Group of answer choices a decrease the labor force participation rate. a decrease in the unemployment rate. an increase the unemployment rate. no effect on the unemployment rate. no effect on the labor force participation rate.

Answers

Answer:an increase the unemployment rate.

Explanation:Holding all else constant, if people who are currently discouraged workers decide to start looking for jobs again, you will see: an increase the unemployment rate.

If people who are discouraged and looking for job again will see An increase the unemployment rate Option(c) is correct.

What is Unemployment?

In simple Words unemployment is referred to as that rate in which the people are completely unemployed they are actually not getting the job easily.

People who are looking for job to start once again will get no job and hence it would lead to the increase in the unemployment.

Therefore Option(c) is correct.

Learn more about Unemployment here:

https://brainly.com/question/13399471

#SPJ2

Before sending a résumé, you should always checked with the employer to see what operating system they use. please select the best answer from the choices provided t f

Answers

Answer:

This is true.

Explanation:

Edg. 2022

Answer:

t

Explanation:

trust

According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the ______ is (are) relatively low.

Answers

Answer:

transaction costs is your answer

Explanation:

Carla Vista Co. Ltd. Publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2022, Carla Vista sells 7,800 subscriptions for cash, beginning with the December issue. Carla Vista prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end.

1. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. ) Date Account Titles and Explanation Debit Credit Nov. E Textbook and Media List of Accounts

2. Prepare the adjusting entry at December 31, 2022, to record subscription revenue in December 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. ) Date Account Titles and Explanation Debit Credit Dec. 31 e Textbook and Media List of Accounts

3. Prepare the adjusting entry at March 31, 2023, to record subscription revenue in the first quarter of 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually. ) Date Account Titles and Explanation Debit Credit Mar. 31

Answers

The journal entry to record the receipt of the subscriptions for Nov is: Debit Cash $218,400; Credit Unearned subscription revenue  $218,400.

Receipt of subscription

Journal entries

Nov 2022

Debit   Cash  $218,400

($7800×$28)                    

Credit Unearned subscription revenue         $218,400

(To record the receipts of subscription)

Dec 2022

Debit   Unearned subscription revenue    $18,200

Credit Subscription revenue $18,200

($176,400×1/12)      

(To record the revenue earned)

March 2023    

Debit Unearned subscription revenue     $54,600

Credit Subscription revenue  $54,600

($218,400×3/12)    

(To record the revenue earned)

Therefore the entry to record the receipt of the subscriptions for Nov is: Debit   Cash  $218,400; Credit Unearned subscription revenue         $218,400.

Learn more about receipt of subscription entry here:https://brainly.com/question/20343987

You should check your credit report from each of the three main credit bureaus at least once per year by requesting copies from annualcreditreport. Com.

Answers

It is a good idea and notion to check your credit report from each of the three nationwide credit bureaus at least once a year.

What is the benefit of checking your credit report?

Your credit report history is an important component of information for your entire financial well-being. Checking your credit history as it appears on your credit reports, as well as, credit score ratings may assist you in understanding your present credit situation.

It is critical to review your credit report since your credit scores history is among the elements that may influence your loan conditions, particularly interest rate, and it is critical that the content on your credit reports is true and accurate.

Learn more about credit reports here:

https://brainly.com/question/9913263

How often should you update the information in your resume

Answers

Answer:

tue answer is twice a year

Some people say that the official unemployment rate isn't the best indicator of
actual unemployment in the economy because
Select one:
O the unemployment rate is greater than the natural unemployment rate
O the official rate doesn't include people who have given up looking for
work
O part time workers are considered unemployed
O full employment is greater than the labor force

Answers

The official unemployment rate isn't the best indicator of actual unemployment because the official rate doesn't include people who have given up looking for work.

Who is a discouraged worker?

A discouraged worker is a member of the labor force who has given up on getting an employment and thus has stopped looking for work. A discouraged worker is not included as part of those who are unemployed and thus is not included in the  official unemployment rate.

To learn more about unemployment, please check: https://brainly.com/question/10940465

#SPJ1

Initially trade between the United States and Canada is balanced. Then, if a change in the exchange rate reduces the U.S. dollar price of Canadian goods, ceteris paribus*, we would expect ________________

Answers

If a change in the exchange rate reduces the U.S. dollar price of Canadian goods, ceteris paribus*, we would expect a trade surplus in Canada.

What is the impact of a decline in the exchange rate?

When  U.S. dollar price of Canadian goods declines, it means that the Canadian dollar has depreciated while the US dollar has appreciated. This means that there would be an increase in the demand for Candian goods. This would increase export. Thus, there would be a trade surplus.

To learn more about exchange rate, please check: https://brainly.com/question/25780725

Other Questions
Which choice best completes the diagram? Selectallof the statements that are true, according to the box plots. A. The weights of the pineapples in Crate 1 were the most variable.B. The heaviest pineapple was in Crate 1.C. The lightest pineapple was in Crate 1.D. Crate 3 had the greatest median weight and the greatest IQR.E. More than half the pineapples in Crate 1 and Crate 3 were heavier than the heaviest pineapple in Crate 2. 50 points please help thank you 2. In lines 9-11, what is the effect on the speaker repeating thephrase "forty-five minute(s)" when describing the drive toand from physical therapy? please help me. I would like an answer for this. Why did the American select Hiroshima as the city on which to drop the first atomic bomb?Hiroshima had been the birth place of the emperor of Japan and the bombing would be a message to the emperor.The city of Hiroshima was a ghost town and therefore, few civilians would be hurt by the atomic bombing.The amount of destruction could be actually studied because Hiroshima had had little damage done by the war.This city had sent many soldiers and they did not want them to have a home to go back to after the war. When it is 11:30 a.m. in dublin, it is 2:30 p.m. in moscow. how far ahead of dublin is moscow? a. 3 hours b. 5 hours c. 9 hours d. 15 hours Tyler ate a cheeseburger from a fast food restaurant for dinner, and he was awake all night feeling sick. now, just thinking about eating any fast food makes him feel nauseous, and he is certain that he will never want to eat it again. tylers aversion to fast food can best be explained by Find the area of the figure.EXPLAIN THE STEPS!!!!! Which artifact is found at mexico citys national museum of anthropology?. Whereas, Almighty God hath created the mind free; That all attempts to influence it by temporal punishments or burthens, or by civil incapacitations tend only to beget habits of hypocrisy and meanness, and therefore are a departure from the plan of the holy author of our religion, who being Lord, both of body and mind yet chose not to propagate it by coercions on either, as was in his Almighty power to do,What can be inferred about Jeffersons beliefs from this excerpt? Select all that apply.He believed that we have no way of knowing what Gods intentions are.He believed reason to be a more trustworthy guide than religious doctrine.He believed people would be rewarded or punished by God in the afterlife for their deeds in this life.He believed churches that imposed taxes on their constituents to be directly opposed to their religions. PLS HELP MEEEE1. A large positive charge is placed very far away from a small negative charge. Which of the best explains the interaction between the two charges? (Standard SPS10 c)A. An attractive, weak forceB. A repulsion, strong forceC. A repulsive, weak forceD. An attractive, large force If my heart beats 2790 times every three quarters of an hour, what is your heart rate per minute? The area of the rectangle below is greater than or equal to 18.13 square units. The inequality 3.7w 18.13 represents thissituation? Define the meaning of recessive Practice solving by using the substitution method.Examine the system of equations.y = 3x 2,y = 7The value of x is .The solution to this system of equations is . What is the distance between (-5,8) and( 6,8) what type of joint allows movement like that in the hip joint and the shoulder joint? How did the papacy behave during the high renaissance? a. they lived like princes. b. they lived a modest lifestyle, with few material items. c. they controlled everything. d. all of the above please select the best answer from the choices provided a b c d BIOLOGY FOOD CHAINSyour help would be appreciated