Answered step by step
Verified Expert Solution
Question
1 Approved Answer
these are connected I would appreciate if you help me solve them they are due in 15 min thanks Question 1 1 pts Suppose Stanley's
these are connected I would appreciate if you help me solve them they are due in 15 min thanks
Question 1 1 pts Suppose Stanley's Office Supply purchases 90,000 boxes of pens every year. Ordering costs are $110 per order and carrying costs are $0.75 per box. What is Stanley's EOQ in Boxes? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Do not enter comma in the answer box Question 2 1 pts Suppose Stanley's Office Supply purchases 90,000 boxes of pens every year. Ordering costs are $133.95 per order and carrying costs are $0.75 per box Moreover, management has determined that the EOQ is 5,669.92 boxes. Note: The ordering costs and EOQ differ from problem 1. The vendor now offers a quantity discount of $0.02 per box if the company buys pens in order sizes of 10,000 boxes. Determine the before-tax benefit or loss of accepting the quantity discount. (Assume the carrying cost remains at $0.75 per box whether or not the discount is taken.) Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer boxStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started