Use the data below to answer the question below.Average daily demandStandard deviation of daily demendAverage Lead TimeInventory holding costPurchase PriceOrder CostStockout CostDesired Service Level325 cases per day95 cases per day2 days (constant)20% of the item's value per year$50 per case$10 per order$35 per case80%Assume the company operates 365 days peryearWhat is the recommended economic order quantity (EOQ)?

Answered: Image /qna-images/answer/c497ef01-d091-4bec-8438-ed325bfabed7.jpg

Answered: Use the data below to answer the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A restaurant sells pizza at a rate of $14.69/slice. Expenses for the restaurant include raw material for pizza at $9.69 per slice, $157.00 as monthly rental and $59.00 monthly as insurance. How many slices should the restaurant sell in a month to break even?
If total revenue is $3600 and the per unit price is $30 What is the output sold
BVM manufactured and sold 25,000 small statues this past year. At that volume, the firm was exactly in a breakeven situation in terms of profitability. BVM’s unit costs are expected to increase by 30% next year. What additional information is needed to determine how much the production volume/sales would have to increase next year to just break even in terms of profitability? (a) Costs per unit (b) Sales price per unit and costs per unit (c) Total fixed costs, sales price per unit, and costs per unit (d) No data is needed, the volume increase is 25, 000 + 25, 000(0.30) = 32, 500 units.
Bernardo Beefmaster has 50 cull cows that average 1100 Ibs and he purchased them for $60/cwt. He fed the cows for 55 days and sold them at 1260 Ibs for $65/cwt. The cows averaged about 30 lbs of feed per day, and cost $7/cwt. Calculate the average daily gain, feed efficiency (feed:gain), feed only cost of gain, breakeven per pound and total, and the total margin. WHAT IS THE BREAKEVEN VALUE PER POUND?
Engineering economy: The fixed costs incurred by the engineering department are $280,000 per year. Variable costs are 20% of the annual revenue. If annual revenue is $560,000, determine the annual profit or loss.
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General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.
Cell (A) stands for the total cost of 9 units. Its value should be ____. a) 151.65b) 323.52c) 909.80d) 252.75
the impact of NEMA and IEC to malaysia industries and society All explanations given must be provided with detailed references/figures/charts/infographics.

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