Business, 07.11.2019 20:31 joannakawata6

Ajewelry firm buys semiprecious stones to make bracelets and rings. the supplier quotes a price of $8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. the jewelry firm operates 200 days per year. usage rate is 25 stones per day, and ordering costs are $48.

a. if carrying costs are $2 per year for each stone, find the order quantity that will minimize total annual cost.

b. if annual carrying costs are 30 percent of unit cost, what is the optimal order size?

c. if lead time is six workimg days, at what point should the company reorder?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 03:00, bettybales1986

If you were running a company, what are at least two things you could do to improve its productivity.

Answers: 1

continue

Business, 22.06.2019 18:00, judali

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?

Answers: 1

continue

Business, 22.06.2019 20:10, Zayybabii

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals

Answers: 1

continue

Business, 22.06.2019 22:30, jyworthy

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows:

Answers: 3

continue

You know the right answer?

Ajewelry firm buys semiprecious stones to make bracelets and rings. the supplier quotes a price of $...