Skousen buys tennis balls at P 25 per dozen from its wholesaler. Skousen will sell 35,000 dozens of tennis balls evenly throughout the year. Skousen desires a 12% percent return on investment (cost of capital) on its inventory investment. In addition, rent, insurance and related taxes for each dozen tennis balls in inventory amounts to P 0.50. The cost per order is P 8. Skousen uses a 350-day year. What is the average number of tennis balls does Skousen maintain? O 200 tennis balls O 2,400 tennis balls O 4,800 tennis balls O 400 tennis balls

Skousen buys tennis balls at P 25 per dozen from its wholesaler. Skousen will sell 35,000 dozens of tennis balls evenly throughout the year. Skousen desires a 12% percent return on investment (cost of capital) on its inventory investment. In addition, rent, insurance and related taxes for each dozen tennis balls in inventory amounts to P 0.50. The cost per order is P 8. Skousen uses a 350-day year. What is the average number of tennis balls does Skousen maintain? O 200 tennis balls O 2,400 tennis balls O 4,800 tennis balls O 400 tennis balls

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

3- Wellplace Insurance Company processes insurance policy applications in batches of 50. One day, they had 10 batches to process and, after inspection, it was found that four batches had nonconforming policies. One batch had 3 nonconformances, another had 5, another had 2, and another had 1 nonconformance. What were (a) the proportion nonconforming for each batch, (b) the nonconformances per unit (NPU), in total for the 10 batches, and (c) the total throughput yield (TY) for the 10 batches? 4- Boardwalk Electronics manufactures 300,000 circuit boards per month. A random sample of 3,000 boards is inspected every week for five characteristics. During a recent week, three defects were found for one characteristic, and two defects each were found for the other four characteristics. If these inspections produced defect counts that were representative of the population, what are the dpmo’s for the individual characteristics and what is the overall dpmo for the boards?
The following is an excerpt from a conversation between two sales clerks, Tracy Rawlin and Jeff Weimer. Both Tracy and Jeff are employed by Magnum Electronics, a locally owned and operated electronics retail store. Suggest appropriate control procedures that would have prevented or detected the theft of cash.
Discuss what we mean by multipole moments.
Why are Taguchi experiments so important compared to classical DOE-type experiments?
"The table below is data on telephone usage time by operators to serve customer requests that will be used to explain the use of Xbar and R-chart". Question: a. Create UCL and LCL with Limit Control Factor A2b. Create UCL and LCL with Limit Control Factor D3 and D4
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet (5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%). Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is its rating?A) 5.80 B) 5.00 C) 7.60 D) None of the previous
Renaldo's Boutiques, Incorporated, has 14 stores located in a midwestern part of the United States. Renaldo, the president of the company, has set budgets for each store that do not allow for lost, stolen, or misplaced merchandise ( inventory shrinkage). Research shows the disappearance of store merchandise is attributed to a combination of internal and extemal causes. Customer theft-35 percent Employee theft-40 percent Administrative errors-18 percent Vendor dishonesty 7 percent Which philosophy do you believe Renaldo is following?
Explain the Gantt Charts?
11. Select a fusible disconnect and the fuses for the application below. CNC Grinding Station Machine Operating Voltage - 600 VAC, 3-phase Spindle Motor FLA = 25 Amps Table Motor FLA = 10 Amps Fusible Disconnect Voltage Rating Fusible Disconnect Current Rating Number of Poles Fuse Voltage Rating Fuse Current Rating (VAC) (Amps) (VAC) (Amps)