Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Trektronics store begins each week with 380 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is

The Trektronics store begins each week with 380 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $31 per year and the fixed order cost is $325.

a. What is the current total carrying cost? (Do not round intermediate calculations.)
b. What is the current restocking cost? (Do not round intermediate calculations.)
c. What is the economic order quantity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
d. Should the company increase or decrease its order size?
e. How many orders per year will Trektronics place under the new policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Environmental Audit Primer Student Guide

Authors: Velsoft Training Materials, Inc.

1st Edition

1774550393, 978-1774550397

More Books

Students also viewed these Accounting questions

Question

Describe a persuasive message.

Answered: 1 week ago

Question

Identify and use the five steps for conducting research.

Answered: 1 week ago

Question

List the goals of a persuasive message.

Answered: 1 week ago