A bookstore chain, Bright Reads, Inc., sells about 9,000 copies of "The Secrets of Success" annually. The cost of ordering a batch of books from the publisher is $25, and the annual holding cost per book is $1.50. What is the Economic Order Quantity (EOQ)? A. 100 B. 367 C. 50 D. 548

A bookstore chain, Bright Reads, Inc., sells about 9,000 copies of "The Secrets of Success" annually. The cost of ordering a batch of books from the publisher is $25, and the annual holding cost per book is $1.50. What is the Economic Order Quantity (EOQ)? A. 100 B. 367 C. 50 D. 548

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints

Section: Chapter Questions

Problem 7E: Ottis, Inc., uses 640,000 plastic housing units each year in its production of paper shredders. The...

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Please give me true answer this financial accounting question

A bookstore chain, Bright Reads, Inc., sells about 9,000 copies of "The
Secrets of Success" annually. The cost of ordering a batch of books from
the publisher is $25, and the annual holding cost per book is $1.50.
What is the Economic Order Quantity (EOQ)?
A. 100
B. 367
C. 50
D. 548

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5. Genesis Company is a wholesaler. It purchases 60.000 units of Product X per month for sale to retailers. The cost of placing an order is P100. The cost of holding one unit of inventory for one year is P4. Note: Kindly input your answer with comma. Example: 10,000 Required: Previously, the company had been purchasing 5,000 units of product X per order: a. What is the ordering cost per year under the previous policy? b. The annual carrying cost? c. How much money does the company save over the policy of purchasing 5,000 units per order using the EOQ policy?
What is the maximum inventory?
Help
Given the following data solve for the eoq time
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3. A large bakery buys sugar in 50-kg bags. The bakery uses an average of 1,344 bags a year. Preparing an order and receiving a shipment of sugar involves a cost of P135. Annual carrying costs are P 630 per bag. The bakery operates 280 days per year. Lead time = 2 weeks. a. Determine the economic order quantity. b. What is the average number of bags on hand? c. When should the bakery order for more sugar? d. How many times per year will the bakery order for sugar?
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Please provide this question solution general Accounting
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Chapter 13, Question 8. Attached is a similar question with answers. Please answer the same four parts for the new question
What is the economic order quantity for the following inventory policy. A firm sells 32,000 bags of premium sugar per year. The cost per order is P100 and the firm experiences a carrying cost of P0.85 per bag.