{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-13T03:12:38-04:00", "answer_date": "2024-06-13 03:12:38", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2894754", "url": "\/study-help\/questions\/total-4-marks-question-two-2b-a-company-uses-50000-2894754", "question_creation_date_js": "2024-06-13T03:12:38-04:00", "question_creation_date": "Jun 13, 2024 03:12 AM", "meta_title": "[Solved] (Total 4 marks) Question Two (2b) A Compa | SolutionInn", "meta_description": "Answer of - (Total 4 marks) Question Two (2b) A Company uses 50,000 widgets per annum, which are $10.00 each to purchase. The orde | SolutionInn", "meta_keywords": "total,4,marks,question,two,2b,company,50,000,widgets,per,annum,$10.00", "question_title_h1": "(Total 4 marks) Question Two (2b) A Company uses 50,000 widgets per annum, which are $10.00 each to purchase. The ordering and handling cost are", "question_title": "(Total 4 marks) Question Two (2b) A Company uses 50,000 widgets per", "question_title_for_js_snippet": "(Total 4 marks) Question Two (2b) A Company uses 50,000 widgets per annum, which are $10 00 each to purchase The ordering and handling cost are $150 00 per order and the carrying cost are 15 of the purchase price per annum, i e it costs $1 50 per annum to carry a widget in stock i Calculate the EOQ Formula EOQ ", "question_description": "

(Total 4 marks)<\/strong><\/p>

Question Two (2b)<\/strong><\/p>

<\/strong><\/p>

A Company uses 50,000 widgets per annum, which are $10.00 each to purchase. The ordering and handling cost are $150.00 per order and the carrying cost are 15% of the purchase price per annum, i.e. it costs $1.50 per annum to carry a widget in stock.<\/p>

<\/p>

i.Calculate the EOQ<\/p>

<\/p>

Formula<\/strong><\/p>

EOQ = <\/strong><\/p>

<\/u><\/strong><\/p>", "transcribed_text": "", "related_book": { "title": "Microeconomics", "isbn": "978-1464146978, 1464146977", "edition": "1st Edition", "authors": "Austan Goolsbee, Steven Levitt, Chad Syverson", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/720.jpg", "uri": "\/textbooks\/microeconomics-1st-edition-9781464146978", "see_more_uri": "" }, "free_related_book": { "isbn": "1728347734", "uri": "\/textbooks\/the-doctor-1st-edition-9781728347738-9781728347721", "name": "The Doctor", "edition": "" }, "question_posted": "2024-06-13 03:12:38", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/in-your-opinion-which-causes-of-work-stress-or-organizational", "description": "In your opinion, which causes of work stress, or organizational stressors, are likely to be among the most common experienced by air traffic controllers? 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