The office manager for the Metro Life Insurance Company orders letterhead stationery from an office products firm in boxes of 500 sheets. The company uses 6500 boxes per year. Annual carrying costs are $3 per box, and ordering costs are $28. The following discount price schedule is provided by the office supply company: ORDER QUANTITY (BOXES) PRICE PER BOX  200–999  $16 1000–2999   14 3000–5999   13 6000+       12 Determine the optimal order quantity and the total annual inventory cost.

Answers

Answer 1

Answer:

The EOQ formula cannot be used here because the price of the goods varies according to the size of the purchase order. In this case, the order quantity that decreases annual inventory costs is 3,000 units per order, and total annual inventory costs = $89,060.67.

Step-by-step explanation:

if we apply the EOQ formula:

Economic order quantity (EOQ) = √[(2 x S x D)/H]S = ordering cost = $28D = annual demand = 6,500H = holding cost = $3EOQ = √[(2 x $28 x 6,500)/$3] = 348.33 ≈ 348 boxes

total annual inventory cost = [(6,500 / 348) x $28] + [(348 / 2) x $3] + (6,500 x $16) = $522.99 + $522 + $104,000

but if the company tried to benefit from discounts due to higher order quantities, total annual cost would be lower:

[(6,500 / 1,000) x $28] + [(1,000 / 2) x $3] + (6,500 x $14) = $182 + $1,500 + $91,000 = $92,682

[(6,500 / 3,000) x $28] + [(3,000 / 2) x $3] + (6,500 x $13) = $60.67 + $4,500 + $84,500 = $89,060.67


Related Questions

Jason invests $325 in a bank account. The bank has an annual
interest rate of 24%. How much interest did his investment earn
after one year?

Answers

Use formula A = P(1+r) ^ t
P = 325, r = 0.24, t = 1
A = 325(1 + 0.24)
A = 325(1.24)
A = 403
He earns $403

The amount of interest earned by Jason is $78.

What is simple interest?

Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific amount of time.

Contrary to compound interest, where we add the interest of one year's principal to the next year's principal to calculate interest, the principal amount in simple interest remains constant.

Given that Jason invests $325 in a bank account. The bank has an annual interest rate of 24%.

The interest will be calculated as:-

SI = ( P x R x T ) / 100

SI = ( 325 x 24 x 1 ) 100

SI = $78

Hence, the simple interest is $78.


To know more about simple interests follow

https://brainly.com/question/25793394

#SPJ2

Find the maximum and minimum values of the function g ( θ ) = 5 θ − 6 sin ( θ ) on the interval [ 0 , π /2 ]

Answers

Answer:

Minimum value of the given function is  0

Maximum value of the given function

                                         [tex]\frac{5\pi -12}{6}[/tex]

Step-by-step explanation:

Step(i):-

Given function    g ( θ ) = 5 θ − 6 sin ( θ )  ...(i)

Differentiating equation (i) with respective to 'θ'

                            g¹ ( θ ) = 5  − 6 cos ( θ ) ...(ii)

                          g¹ ( θ ) = 5  − 6 cos ( θ ) =0

                          5 = 6 cos ( θ )

                       cos ( θ ) = 5 /6  

                               

Step(ii):-                        

Again Differentiating equation (ii) with respective to 'θ'

                              g¹¹ ( θ ) =   − 6 (-sinθ )  = 6sinθ

Given interval

                         θ = 0 and   θ= π/2

                     g ( 0 ) = 5 (0) − 6 sin ( 0 ) = 0

                     g(π/2) = 5(π/2) - 6 sin (π/2)

                               =  5(π/2) - 6

                               = [tex]\frac{5\pi -12}{6}[/tex]

                     

 

         

                       

What are the clear steps for solving for x question (5x + 2)

Answers

Answer:

x= -2/5

Step-by-step explanation:

(5x+2)=0

    -2   -2

5x=-2

------------

    5

x= -2/5


Write an equation of the line that passes through (1, 2) and is perpendicular to the line y =1/3x + 4.

Answers

Answer:

y= -3x + 5

Step-by-step explanation:

negative reciprocial of the slope:

m=1/3

m=-3

Subsitube the point (1,2) into y=mx+b with new slope and solve for b:

y=mx+b

2=-3(1)+b

b=5

Equation:

y=-3x+5

Amita's kitchen is rectangular with an area of 3 and 3/4 square meters the width of the kitchen is 1 and 1/2 m what is the length in meters of Anita's kicthen

Answers

Answer:

2 1 ÷ 2

Step-by-step explanation:

Given that

The kitchen of Amita would be a rectangular area contains 3 and 3 ÷ 4 square meters

And, the width of her kitchen is 1 and 1 ÷ 2 meter

So based on the above information, the length of Amita kitchen is

Here you divide the rectangular area by the width

= (3 and 3 ÷ 4) ÷ (1 and 1 ÷ 2)

= 2 and 1 ÷ 2

Hence, the  length in meters of Anita's kitchen is  2 and  1 ÷ 2  

Michael cleans 90 cars in 5 days how many cars does Michael clean per day

Answers

Answer:

Michael cleans 18 cars in one day

Step-by-step explanation:

The equation should look like this: 90/5 = x

90/5 = 18

x = 18

Hope this helps ya! Keep smiling!

Answer:

18

Step-by-step explanation:

all you have to do is divide 90 and 5

A hot air balloon is climbing at a constant rate into the sky. The equation y = 9x + 10 can be used to represent this situation, where y is the height of the hot air balloon in feet above ground and x is the number of seconds the balloon has been climbing.

Answers

Answer:

From the starting position of 10 feet above ground, the balloon is climbing 9 feet per second.

Step-by-step explanation:

I need help plz!!!!​

Answers

Proportional i think

HELLLPPP!!! how many gallons of oil were introduced into the gulf of ecosystem in 7 weeks?

the spill lasted for approximately 28 weeks, how much oil entered into the gulf due to the disaster? ​

Answers

62,000x42= 2,604,000 gallons a day
Times that by 7 to get one week
Then by 7 again for 7weeks then 4 to get 28 weeks :)
7 weeks= 127,596,000
28 weeks= 510,384,000

A number is greater than -4 and less than 9. what is the least possible integer value of this number?
A. 8
B. 10
C. -3
D. -5

Answers

10 is the answer ...

Answer:

ther is no answer above

Step-by-step explanation:

b/c the least possible inyeger is 12

thes are -3,-2,-1,0,1,2,3,4,5,6,7,8

Inflation and Interest Rates: Tutorial
22 of 25
Save & Exit
Question
Consider a simple economy where the basket of goods used to calculate the CPI contains two items shampoo and soap.
The basket consists of 1 bottle of shampoo and 2 bars of soap. The prices are shown in the table.
Year Price of a Bottle of Shampoo Price of a Bar of Soap
Year
36 50
$1.25
Year
$5.00
$1.30
Type the correct answer in the box. Round your answers to two decimal places, if necessary.
The CPI for year 2 is
Submit

Answers

Answer:102.22

Step-by-step explanation:

Answer:

2.22%

Step-by-step explanation:

Recall that year 1, the base year, has a CPI of 100.

From question 1, we know that the CPI of year 2 is 102.22.

To find the rate of inflation, find the percent change from year 1 to year 2:

102.22-100= 0.0222, or 2.22%

_________

    100

Write an inequality for the following statement. A is greater than 7

Answers

Answer: A>7

Step-by-step explanation:

A > 7

i think this is right

If a total of 20 cups of onions and carrots were used, how many batches did the chef make? 4 batches 5 batches 8 batches 10 batches

Answers

Answer:

The answer is 4 batches I tried it and it was right

Step-by-step explanation:

Answer:

its A i got it right

Step-by-step explanation:

X/4 -3 = 1/3 + 2x solve for x

Answers

Answer:

Step-by-step explanation:

[tex]\frac{x}{4}[/tex] - 3 = [tex]\frac{1}{3}[/tex] + 2x ...... (1)

(1) × 12 :

3x - 36 = 4 + 24x

21x = - 40

x = - [tex]\frac{40}{21}[/tex] = [tex]-1\frac{19}{21}[/tex]

-3y^*2 =-48 show work

Answers

y=4,y2=-4 (extra characters)

Favorite Lunch Choice
Food Responses
pizza 26
hamburger 18
chicken 13
nachos 7
spaghetti 6
If there are 350 students in Jamal's school, how many are expected to choose hamburgers?
O A. 180 students
OB. 130 students
OC. 90 students
O D. 18 students

Answers

Your answer is B or 130 students

Convert to slope intercept form: 3x-4y=8 then graph the line on the grid

Answers

Answer:

y=3/4x-2

a=(8/3,0)

b=(0,-2)

m=3/4

Step-by-step explanation:

STEP 1

3x-4y =8 substract 3x from both sides

-4y=-3x+8 divide -4 to everything

y=3/4x-2

STEP 2

substitute 0 for y and solve for a (x-intercept)

Evaluate the expression 21 + 2w for / = 5.7 and w = 6.2. Enter your answer in the box.
6.2

Answers

Answer:

23.8

Step-by-step explanation:

2l+2w for l=5.7 and w=6.2

2*5.7+2*6.2 first multiply

11.4+12.4 then add

23.8

The length of one side of a square is 3n+2. The perimeter of the square is 4(3n+2). Which expression is equivalent to the perimeter

Answers

Answer:

4(3n + 2)

Step-by-step explanation:

as we know perimeter of a square is 4 x side

one side is 3n + 2

4 sides = 4(3n +2)

please help I need in within 5 minutes​

Answers

Answer:

2415.8

Step-by-step explanation:

Answer: 2509.8 i think that is the correct answer

Step-by-step explanation:

in the library, there are 9 rectangular tables with 8 pupils each and square tables with 4 pupils each. how many square tables ar needed so that 100 pupils can read at the same time?​

Answers

Answer:

9 rectangular tables and 7 sqaure tables

Step-by-step explanation:

9 x 8 = 72

100-72=28

4x7=28

Order the numbers from least to greatest.
4/5, -1.6, -4/3, 0.9, 2/3

PLS HELP

Answers

Answer:

-1,6<-4/3<2/3<4/5<0.9

Step-by-step explanation:

A car travels 120 miles in 3 hours. What is the constant speed of the car in miles per hour?

Answers

Answer: the car travels 40 miles per hour

Step-by-step explanation: First you have to set the ratio up as 120 miles over 3 hours. After you do that you need to divide 120 by 3 which will give you for which gives you 40 miles per hours

You pay 6% sales tax on a $250 purchase. How much was the tax?

Answers

Answer:

15

Step-by-step explanation:

To find the tax multiply the cost of the item by 6%

250 * 6%

Change to decimal form

250 *.06

15

Answer:

15

Step-by-step explanation:

convert the percentage to a decimal

6/100 = 0.06

then times by the number you given

6% x 250

Here is some information from the practice round for several new Click Bots.

Determine the missing values. Enter them in the table.

Then describe your strategy.

Answers

Answer/Step-by-step explanation:

✅Azure:

Clicks = 17

Time (secs) = 2

Unit rate (clicks/sec) = [tex] \frac{17}{2} = 8.5 [/tex]

✅Bronze:

Clicks = 38

Time (secs) = 4

Unit rate (clicks/sec) = [tex] \frac{38}{4} = 9.5 [/tex]

✅Camson:

Clicks = 26

Time (secs) = ? = x

Unit rate (clicks/sec) = 10.4

Thus: [tex] \frac{26}{x} = 10.4 [/tex]

Multiply both sides by x

[tex] 26 = 10.4*x [/tex]

Divide both sides by 10.4

[tex] \frac{26}{10.4} = x [/tex]

[tex] 2.5 = x [/tex]

Time (secs) = x = 2.5

✅Desert:

Clicks = ? = x

Time (secs) = 4.2

Unit rate (clicks/sec) = 8.33

Thus: [tex] \frac{x}{4.2} = 8.33 [/tex]

Multiply both sides by 4.2

[tex] x = 8.33*4.2 [/tex]

[tex] x = 34.986 [/tex]

Clicks = x ≈ 35

✅ Emerald:

Clicks = 3

Time (secs) = ? = x

Unit rate (clicks/sec) = 7.5

Thus: [tex] \frac{3}{x} = 7.5 [/tex]

Multiply both sides by x

[tex] 3 = 7.5*x [/tex]

Divide both sides by 7.5

[tex] \frac{3}{7.5} = x [/tex]

[tex] 0.4 = x [/tex]

Time (secs) = x = 0.4

✅Fuschia:

Clicks = ? = x

Time (secs) = 0.75

Unit rate (clicks/sec) = 8

Thus: [tex] \frac{x}{0.75} = 8 [/tex]

Multiply both sides by 0.75

[tex] x = 8*0.75 [/tex]

[tex] x = 6 [/tex]

Clicks = x ≈ 6

Please help and explain how you got your answer I will give brainliest :(

Answers

Answer:

25/100 or 1/4

Step-by-step explanation:

the 2 shaded rows on the top are both 10 and the bottom shaded row is 5 so the equation would be 2×10+5

Answer:

0.25

Step-by-step explanation:

The model represents one whole number (1)

Each square represents .01 of the whole number.

So if you add all the shaded squares together, you would get 25 shaded, which means the answer would be 0.25

hope this helps :)

Find the missing value in the ratio table.

Answers

100000000000000000000


A) complementary
B) alternate exterior
C) corresponding
D) linear pair

Answers

The answer is c) correponding
The answer is corresponding

maya wrote the expresion

Answers

uh which expression?

x/-4 =9 i need help with this fraction.

Answers

Answer:

= -36

Step-by-step explanation:

um is this what your looking for?

Other Questions
What happens when a charged balloon is brought close to a wall? The balloon becomes negatively charged. The charges in the wall rearrange themselves. The wall and the balloon repel each other. The wall becomes negatively charged. BRAINLIST PLZ ANSWER List the properties of1 min, 50 sec3 min, 45 sec4 min, 5 sec the wind blank through the trees What is the point-slope equation of the line that is perpendicular to the line shown and passes through (-4, -3)? Kayla squared a number x and added this result to -6.5. This gave her an answer of 42.5.What is the equation and one of the solutions to this equation?A.X2 + (-6.5) = 42.5; 2 = 7B.X2? + (-6.5) = 42.5; 2 = 6C.2x+ (-6.5) = 42.5; x = 24.5D.2x+ (-6.5) = 42.5; I = 18 what term means removing the nucleus from the cell Was this answer calculated by multiplying the fractions? A bar chart titled Federal Tax Revenue is shown. Individual income tax is 42 percent, Payroll taxes is 40 percent, corporate income tax is 9 percent, and other is 9 percent.Forty-two percent of federal revenue comes from .Income taxes paid by businesses and corporations make up about of federal revenue.Taxes collected for Social Security and Medicare make up of federal revenue. Solve the equation for all real solutions.4v^2+ 4v 3 = 0 Which of the following points would not lie on the line y = 7? Approximately what mass of CuSO4*5H20 (250 g mol^-1) is required to prepare 250 mL of 0.10 M copper(ll)sulfate solution?A) 4.0 gB6.2 g34 gD85 gE140 g Which terms could be used to describe the location of the face? Select 3 correct choicesanteriorcaudalsuperiordorsalventral HELP will mark brainliest A company currently has a 51 day cash cycle.Assume the firm changes its operations such that it decreases its receivables period by 2 days,increases its inventory period by 3 days,and increases its payables period by 4 days.What will the length of the cash cycle be after these changes?A) 42 daysB) 45 daysC) 48 daysD) 49 daysE) 51 days How do you fit 10 horses into 9 stalls?first to get right gets brainliest and that i need answers please Please help me!You have to connect the pictures with the words. I need help. Thank you. Describe the path blood takes through the circulatorysystem starting with the heart and ending with the heart. Sarah made a 72% on her science test. If she got 18 problems correct, how many questions were on the test?