subject
Business, 06.06.2020 19:02 hollandhogenson

A restaurant uses about 60,000 dozens of steaks per year, which it orders from a supplier. The steaks are used at a reasonably steady rate during the 240 working days per year. It costs $3.00 to keep one dozen of steaks in inventory for one month, and it costs $25.00 to place an order. A dozen of steaks cost $150.00 Required:
a. How many orders will be placed per year?
b. What is the total annual expense of ordering 600 dozen of steak every time?
c. How much is saved per year by ordering the EOQ?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:30
Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?
Answers: 1
question
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
Answers: 2
question
Business, 22.06.2019 20:00
Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor
Answers: 3
question
Business, 22.06.2019 20:10
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
You know the right answer?
A restaurant uses about 60,000 dozens of steaks per year, which it orders from a supplier. The steak...
Questions
question
Mathematics, 21.07.2020 05:01
question
Physics, 21.07.2020 05:01
question
Mathematics, 21.07.2020 05:01
question
Mathematics, 21.07.2020 05:01
Questions on the website: 13722363