A smartphone manufacturer uses approximately 48,000 lithium batteries annually. The batteries are consumed at a steady rate during the 260 workdays per year that the factory operates. The annual holding cost per battery is $0.75, and the ordering cost is $30 per order. What is the number of workdays in an order cycle?

A smartphone manufacturer uses approximately 48,000 lithium batteries annually. The batteries are consumed at a steady rate during the 260 workdays per year that the factory operates. The annual holding cost per battery is $0.75, and the ordering cost is $30 per order. What is the number of workdays in an order cycle?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter17: Activity Resource Usage Model And Tactical Decision Making

Section: Chapter Questions

Problem 6E: Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of...

See similar textbooks

Similar questions

What is the number of work days in an order cycle
A smartphone manufacturer uses approximately 48,000 lithium batteries annually. The batteries are consumed at a steady rate during the 260 workdays per year that the factory operates. The annual holding cost per battery is $0.75, and the ordering cost is $30 per order. What is the number of workdays in an order cycle?
What is the number of workdays in an order cycle?
hello, can you give correct answer
Provide answer
Sub: general accounting
Need your help with question
Financial accounting
Tutor need your guidance
The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components inminicomputers. The unit cost of each transistor is $10, and the cost of carrying one transistor in inventoryfor a year is $3. Ordering cost is $30 per order and finds that deliveries from his supplier generally take 5working days. What are?(a) the optimal order quantity.(b) the expected number of orders placed each year.(c) the expected time between orders? Assume that Fisher operates on a 200-day working year.(d) the reorder point for the transistors.
Samsung uses 600 touch-screen glasses a month to manufacture cell phones. Each touch screen-glass costs $ 30. The company pays $ 73,000 for the procurement clerk annually and has a budget of $ 18,250 a year for communication devices. The obsolescence cost is $ 24 a day, and the insurance costs $ 18 a day. In a year, how often should Samsung place the purchase order for touch-screen glass? What is Samsung’s total cost of inventory for touch-screen glass?
The Annual demand for the Sigma company is 5,400 computers. The carrying cost and ordering cost of the Sigma company is $ 30/ year and $250/ order. Calculate the time between orders? 22 days (Approximately) 16 days (Approximately) 20 days (Approximately) 17 days (Approximately)