Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound.
1. At what point should she re-order pepperoni?
a. 80 pounds remaining.
b. 40 pounds remaining.
c. 60 pounds.
d. 20 pounds.
e. 100 pounds.
2. If she were to order 80 pounds of pepperoni at a time, what would be the length of an order cycle?
a. 4 days.
b. 5 days.
c. 3 days.
d. 0 days.
e. .25 days.
3. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
a. 60 pounds.
b. 20 pounds.
c. 100 pounds.
d. 40 pounds.
e. 80 pounds.
4. If she were to order 80 pounds of pepperoni at a time, what would be the total daily costs, including the cost of the pepperoni?
a. $60.00.
b. $64.10.
c. $64.00.
d. $65.00.
e. $63.20.
5. What is the economic order quantity for pepperoni?
a. 40 pounds.
b. 80 pounds.
c. 100 pounds.
d. 20 pounds.
e. 60 pounds.

Answers

Answer 1

Answer and Explanation:

The computation is shown below;

1. Reorder point is

= Daily demand × lead ime

= 20 × 3 days

= 60 pounds

2. The length of the order cycle is

= Order quantity ÷ demand rate

= 80 ÷ 20 pounds

= 4 days

3. The average inventory level is

= Order quantity ÷ 2

= 80 ÷ 2

= 40 pounds

4. The total daily cost is

the cost of the pepperoni = daily demand × cost per pound

= 20 × 3 pound

= 60

Daily ordering cost is

= daily demand ÷ ordering quantity × ordering cost

= 20 ÷ 80 × $10

= $2.50

And, the daily holding cost is

= ordering cost ÷ 2 × holding cost

= 80 ÷ 2 × 0.04

= $1.60

Now the total daily cost is

= $60 + $2.50 + $1.60

= $64.10

5. The economic order quantity is

= (√2 × annual demand × ordering cost ÷ carrying cost)

= √2 × 20 × 10 ÷ 0.04

= √10,000

= 100


Related Questions

The policyholder's car was damaged after a massive hail storm came through her city. The cost of repairs due to the hail damage was $350. Based on her auto policy, how much will the insurance company pay to repair the car?

Answers

Answer:

The insurance company will pay $350 to get the car repaired.

Explanation:

Insurance is as a business arrangement between the insured and the insurer, whereby  the insurer, usually a company or the state, agrees to provide some guaranteed compensations for some specific losses upon the payment of some specified premiums by the insured.  The insured is the person taking up the insurance policy, while the insurer is the company guaranteeing the compensation for the insured risk.  It offers protection to the insured to restore the person to the former position before the occurrence of the risk.

Drag the tiles to the correct boxes to complete the pairs.
Match each advertising testing method with the scenario that best portrays it.

1. Survey
2. one-on-one interview
3. consumer jury method
4. focus group

Karl has arranged for a discussion summit where a specific target group comes together to discuss a particular ad concept. These people can interact with one another and discuss their opinion about the ad concept. Their impression of the concept will help Karl generate new ideas.

George has created a couple of ads for his company and is exposing these ads to different groups of people. These groups of people will rate the ads. The company will choose the ad that gets the highest rating.

An advertiser individually asked several people some questions that helped the advertiser choose the most suitable media space to reach its target consumer segment. This also helped the advertiser look at its customers’ issues and needs.

A certain number of consumers answered a few questions. The advertiser then aggregated the responses to help generate new ideas based on its target market.

Answers

Answer:

Karl has arranged for a discussion summit where a specific target group comes together to discuss a particular ad concept. These people can interact with one another and discuss their opinion about the ad concept. Their impression of the concept will help Karl generate new ideas. - Focus group

George has created a couple of ads for his company and is exposing these ads to different groups of people. These groups of people will rate the ads. The company will choose the ad that gets the highest rating. - Consumer jury method

An advertiser individually asked several people some questions that helped the advertiser choose the most suitable media space to reach its target consumer segment. This also helped the advertiser look at its customers’ issues and needs. One-on-one interview

A certain number of consumers answered a few questions. The advertiser then aggregated the responses to help generate new ideas based on its target market. - Survey

Explanation:

The answer is -

Karl has arranged for a discussion summit where a specific target group comes together to discuss a particular ad concept. These people can interact with one another and discuss their opinion about the ad concept. Their impression of the concept will help Karl generate new ideas. - Focus group

George has created a couple of ads for his company and is exposing these ads to different groups of people. These groups of people will rate the ads. The company will choose the ad that gets the highest rating. ⇔ Consumer jury method

An advertiser individually asked several people some questions that helped the advertiser choose the most suitable media space to reach its target consumer segment. This also helped the advertiser look at its customers’ issues and needs. ⇔ One-on-one interview

A certain number of consumers answered a few questions. The advertiser then aggregated the responses to help generate new ideas based on its target market. ⇔ Survey

What is the testing of an advertisement?

Ad testing is the process of putting different ads in front of a sample of your target audience and asking for feedback on them. You can run ad tests on an entire ad or specific aspects of it, and collect feedback on anything from how much the ad stands out to how believable they find it.

Learn more about advertisements here: brainly.com/question/25785890

#SPJ2

which task does cluster analysis perform?
A. predict the behavior of new customers
B. find that attributes that are similar
C. group similar customers together
D. identifies the most valuable customers​

Answers

Answer:

C. groups similar customers together

Explanation:

On January 1, Vega Company purchased as an investment a $1,000, 6% bond for $1,000. The bond pays interest on January 1. The bond is sold on July 1 for $1,100 plus accrued interest. Interest has not been accrued since the last interest payment date. What is the entry to record the cash proceeds at the time the bond is sold

Answers

Answer:

Dr Cash, $1,160

Cr Debt Investments $1,000

Cr Gain on sales of Debt Investments 100

Cr Interest Revenue $60

Explanation:

Preparation of the entry to record the cash proceeds at the time the bond is sold

Dr Cash, $1,160

[1,100+(6%*$1,000]

Cr Debt Investments $1,000

Cr Gain on sales of Debt Investments 100

(1,100-1,000)

Cr Interest Revenue $60

(6%*$1,000)

****ECONOMICS****Which situation is an example of a person making use of credit?

A. A mechanic borrows money from a bank to buy a new set of
expensive tools.

B. A farmer changes the type of crops she grows to make a greater
profit.

C. An architect puts his weekly paychecks into a savings account at
a local bank.

D. A college student saves money in order to buy a cheap used car.

Answers

Answer:

A.

Explanation:

Using credit is borrowing.

The situation that represents the example of using credit is borrowing some money for purchasing expensive tools.

The following information does not relate to the usage of credit:

When the types of crops vary for the highest profit. When the architect puts the weekly paychecks at the local bank.And, when the college student saved the money for purchasing the cheap and used car.

Based on the above information we can conclude that the situation that represents the example of using credit is borrowing some money for purchasing expensive tools.

Learn more: brainly.com/question/23020158

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.A. $12.20.B. $-0.30.C. $7.70 .D. $16.

Answers

Answer:

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.

A. $12.20.

Explanation:

For this monopolist, the marginal revenue is the incremental revenue which it generates from each additional unit of sales.  It can also be expressed as the rate at which total revenue changes from what it was before now.  In this case, the additional revenue that the monopolist will get from selling one additional unit is $12.20.  It is the additional revenue that the monopolist gets for the 16th item.

What do most economists believe is the relationship between long run expectations of inflation, actual inflation, and the money supply growth?

Answers

Answer:

In the short run, the Phillips curve states that inflation and unemployment are inversely related. As inflation rises, unemployment decreases. But in the long run, the unemployment rate is fixed and will not be affected by the inflation rate. In the long run a higher inflation rate does not affect the unemployment rate (vertical line).

what do customers evaluate when making a purchase

Answers

Explanation:

im not an expert but I think the value and how it looks

The Johnson Drum Company is planning to build a new factory. The purchase of the land, building the plant, and installation of equipment will take place over a 2-year period. The following are planned cash outflows:
Year Cash Outflow 0 $3,500,000 1 $4,750,000 2 $6,100,000
Johnson Drum's cost of capital is 14%, and its marginal tax rate is 35%. What is the NINV measured in present value terms today?

Answers

Answer:

$12,356,650

Explanation:

Calculation for What is the NINV measured in present value terms today

Year Cash Outflow PVIF PV of NINV

Year 0 $3,500,000 * 1.000 = $3,500,000

Year 1 $4,750,000* 0.877 =$ 4,165,750

Year2 $6,100,000* 0.769 =$4,690,900

Total NINV=$12,356,650

(3,500,000+4,165,750+=4,690,900)

Therefore the NINV measured in present value terms today will be $12,356,650

An investment project has the following cash flows:_________.
CF0 = -1,000,000; C01 – C08 = 200,000 each
If the required rate of return is 12%, payback period of this project is:________.

Answers

Answer:

the payback period is 5 years

Explanation:

The computation of the payback period is shown below;

Payback period = initial investment ÷ annual cash flows

= $1,000,000 ÷ $200,000

= 5 years

hence, the payback period is 5 years

We ignored the required rate of return as it is considered in the discounted payback period

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Answer:5 years

Explanation:

In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual components. classified audience display bleed tabloid

Answers

Answer:

C. display

Explanation:

Display advertising is an advertising process where a product or services are displayed in form of images, videos, and published on the social sites so that the people could aware of that particular product or services

Therefore as per the given situation, in the newspaper advertising, the display advertising involved the copy, photos, headlines etc

Hence, the correct option is C.

Assume that you hold a well-diversified portfolio that has an expected return of 12.0% and a beta of 1.50. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 25% and a beta of 2. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock

Answers

Answer: See explanation

Explanation:

The following information can be gotten from the question:

Value of Investment in alpha = $1000 × 10 = $10,000

Weight of Alpha in the total investment would be = 10%

Then, the expected return would be:

= (12% × 90%) + (25% × 10%)

= (0.12 × 0.9) + (0.25 × 0.1)

= 0.108 + 0.025

= 0.133

= 13.3%

Beta will be:

= (1.50 × 90%) + (2 × 10%)

= (1.50 × 0.9) + (2 × 0.1)

= 1.35 + 0.2

= 1.55

The following are budgeted data: January February March Sales in units 16,600 23,200 19,600 Production in units 19,600 20,600 19,300 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following month's production needs. Purchases of raw materials for February would be budgeted to be: Multiple Choice 20,925 pounds 20,575 pounds 20,275 pounds 18,325 pounds

Answers

Answer: 20,575 pounds

Explanation:

Production needs in February are 20,600 units.

These take a pound of material to be made finished goods so 20,600 pounds are needed.

Raw material purchase = Total required + Closing inventory - Opening inventory

Closing inventory = 25% * March needs

= 25% * 19,300 = 4,825 pounds

Opening inventory = 25% * Feb needs

= 25% * 20,600 = 5,150 pounds

Raw materials purchase = 20,600 + 4,825 - 5,150

= 20,575 pounds

Q2. Which of the following is not covered under Marine Insurance?
a Theft insurance
b. Marine insurance
c. Life insurance
d. Fire insurance​

Answers

Answer:

Marine Insurance? lol kinda make no sense

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $140,000 and would decrease the current variable costs of $80 by $10 per unit. The selling price of $120 is not expected to change. Forrester's current break-even sales are $240,000 and current break-even units are 2,000. If Forrester purchases this new equipment, the revised break-even point in units would:

Answers

Answer:

Break-even point in units= 2,800

Explanation:

Giving the following information:

Fixed csots= $140,000

Unitary variable cost= 80 - 10= $70

Selling price per unit= $120

To calculate the new break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 140,000 / (120 - 70)

Break-even point in units= 2,800

Kevin bought 205 shares of Intel stock on January 1, 2020, for $52 per share, with a brokerage fee of $105. Then, Kevin sells all 205 shares for $76 per share on December 12, 2020. The brokerage fee on the sale was $155. What is the amount of the gain/loss Kevin must report on his 2020 tax return

Answers

Answer: $4660

Explanation:

Firstly, we need to calculate the amount that Kevin realized on the shares which will be:

= (205 × $76) - $155

= $15580 - $155

= $15425

The purchase value will be calculated as:

= (205 × $52) + $105

= $10660 + $105

= $10765

Therefore, the gain that Kevin must report on his 2020 tax return will be:

= $15425 - $10765

= $4660

Describe an economic problem the government in America is trying to solve. How does scarcity and unintended consequences affect the government's policy on this issue? What solution do you think would work best? How would We The People benefit from this policy solution?

Answers

Answer:

an economic problem in America that they are trying to solve is the population but they really don't say much making people not care because they thin it not there problem

The following information relates to the Fowler Company for 2014: Beginning accounts receivable 5,000 Credit Sales 40,000 Ending accounts receivable 7,000 What was the amount of cash collections?

Answers

Answer:

$38,000

Explanation:

The amount of cash collections would be computed as;

Cash collections = Beginning accounts receivable + Credit sales - Ending accounts receivable

Where;

Beginning accounts receivable = $5,000

Credit sales = $40,000

Ending accounts receivable = $7,000

Therefore,

Cash collections = [($5,000 + $40,000) - $7,000]

Cash collections = $38,000

Which kinds of employment discrimination are prohibited under one body of law, but are permitted under the other body of law?

Answers

Answer is given below:

Explanation:

Federal law prevents corrosion in many areas, including recruitment, recruitment, jobs, evaluation, promotion, training and compensation. State law often provides protection for additional categories or employers. Federal law or California law provides additional protection from employment discrimination. Federal law makes it illegal to discriminate on the basis of race and color and nationality and origin and religion or gender etc.

can a ledger be prepared manually or by computer?

Answers

Manually

Drawing the Form – Get pen and paper, start drawing the ledger account.
Posting transactions from journal to respective ledger account.
Folioing – Put the page number for a journal entry on the ledger account’s folio column.
Casting – Separating debit and credit amount.
Balancing – find the difference between debit and credit to get debit or credit balance of the account.

The risk-free rate and the expected market rate of return are 0.06 and 0.12, respectively. According to the capital asset pricing model (CAPM), the expected rate of return on security X with a beta of 1.2 is equal to:________.
A. 0.06.
B. 0.144.
C. 0.12.
D. 0.132
E. 0.18
E(R) = 6% + 1.2(12 - 6) = 13.2%

Answers

Answer:

D. 0.132

Explanation:

Calculation for the expected rate of return

Expected rate of return = 6% + 1.2(12 - 6)

Expected rate of return=6%+1.2(6)

Expected rate of return =6%+7.2

Expected rate of return = 13.2%

Therefore the expected rate of return on security X with a beta of 1.2 is equal to: 13.3%

dover compnay deposits 30000 with second national bank in an account earning interest at 5% per annum semi annualy. how much will dover have in the account after 5 years if interest is reinvested

Answers

Answer:

$38,402

Explanation:

Calculation for How much will Dover have in the account after five years if interest is reinvested

First step is to use Financial calculator to find

the Future value factor of (2.5%, 10 years)

Future value factor of (2.5%, 10 years)=1.28008

Now let calculate Future value using this formula

Future value = Principal *Future value factor

Let plug in the formula

Future value= $30,000 * 1.28008

Future value=$38,402

Therefore How much will Dover have in the account after five years if interest is reinvested is $38,402

Quality circles have been used successfully to solve product defect problems in U.S. firms.
True
False

Answers

The answer is false happy holidays

Defining technology on the basis of task variability and task analyzability resulted in _____ types of technology.
a) two.
b) four.c) six.d) eight.e) ten.

Answers

Answer:

B

Explanation:

Which of the following is a correct statement about promoting energy conservation?
PLEASE HELP NOWWWW !

Answers

Answer:

we need to know what the options are

Explanation:

When Mia and Shane are planning their honeymoon, their travel agent tells them that if they buy a special package, their trip to Paris will include meals, tickets to the theater, and a rental car in addition to airfare and a hotel. This is an example of the use of
A) multiple-unit pricing.
B) bundle pricing.
C) prestige pricing.
D) price lining.
E) price packaging.

Answers

Answer: bundle Pricing

Explanation:

Bundle Pricing is a strategy that is used by companies whereby several products are all packages together for a lower price.

Here, we are informed that the special package for their trip to Paris will include meals, tickets to the theater, and a rental car in addition to airfare and a hotel. This is an example of bundle Pricing as the company can sell different products together at once.

Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. What would its total cost be at a monthly volume of 550 units

Answers

Answer:

$105,500

Explanation:

Calculation for What would its total cost

Using this formula

Total cost=Fxed costs+(Per-unit variable costs*Monthly volume)

Let plug in the formula

Total cost=$100,000+($10*550 Units)

Total cost=$100,000+$5,500

Total cost=$105,500

Therefore What would its total cost be at a monthly volume of 550 units is $105,500

Calculate the purchase price for a 52-week, $1,000 Treasury bill with a stated interest rate of 2.20 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Purchase price ___________.

Answers

Answer:

The purchase price for the Treasury bill is $978.00.

Explanation:

The following are given in the question:

Maturity value = $1,000

Interest rate = 2.20%

With these, we first calculate the amount of discount as follows:

Amount of discount = Maturity value * Interest rate = $1,000 * 2.20% = $22,00

The purchase price can now be calculated as follows:

Purchase price = Maturity value - Amount of discount = $1,000 - $22.00 = $978.00

Therefore, the purchase price for the Treasury bill is $978.00.

FitWear Inc., a sporting goods footwear and apparel company, features photographs of celebrities wearing its brand of clothing and sports gear. FitWear Inc. launched a commercial for its new line of football cleats. This commercial featured famous football stars because the company believes that celebrities can influence customers' buying decisions. In this case, the football stars served as _______.

Answers

Answer:

opinion leaders

Explanation:

Since in the question it is mentioned that the Fitwear Inc i.e. a footwear of sporting products and apparel company also it established a new line of football cleats. In addition to this, they also believes that celebrities could influence the buying decision of the customers so here the football stars would be represent as an opinion leaders as they are considered as an individual that influence the people in general

The Bureau of Labor Statistics counts as employed people who work part-time, but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labor force participation rate would change.

Answers

Answer:

The labor participation rate would not change because it counts the labor force as a percentage of the total adult population, and the labor force includes both the number of people employed and the number of people unemployed, so, even if those working part-time were counted as unemployed by the BLS, they would still be part of the Labor Force.

The labor participation rate formula is:

Labor Participation Rate = (Labor Force / Total Adult Population) x 100

The unemployment rate would indeed change, because it counts the number of unemployed as a percentage of the labor force. If those working part-time were counted as unemployed by the BLS, the number of people unemployed would obviously spike.

The formula is:

Unemployment Rate = (Number of Unemployed / Labor Force) x 100

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