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Could you help me solve this in excel please. Showing the formulas in the cells as well as the answers. Thanks so much. Will leave
Could you help me solve this in excel please. Showing the formulas in the cells as well as the answers. Thanks so much. Will leave a like!!
D21 f A B D E F G H J K L M N. O 10.8. The local fire department uses 10,000 alkaline flashlight batteries per year, which cost $4 each. The cost of ordering batteries is estimated to be $50. The current interest rate suggested by the city council is 25%. The sales rep has recently suggested that you could get a discount of 2% for orders of 2000 batteries at a time. Should you take 10 advantage of this special offer? 11 Annual demand (A) 10,000 12 Cost per unit (c) $4.00 13 Ordering cost (S) $50.00 14 Annual inventory carrying cost rate (i) 25% 15 Volumn discount 2% 16 Discount threshold 2,000 17 Annual Demand Dollars $40,000.00 18 EOQ 19 Order by EOQ (no discount) Order by discount threshold 20 Unit purchasing price (c) 21 Order quantity (Q) 22 Average inventory (Q/2) 23 # of orders per year 24 Purchase cost (A*c) 25 Inventory carrying cost 26 Ordering cost 27 Total cost 29Step by Step Solution
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