Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

30. Which of the following is NOT an ordering cost? a. cost of receiving inventory b. cost of preparing the order c. cost of the

30. Which of the following is NOT an ordering cost?

a.

cost of receiving inventory

b.

cost of preparing the order

c.

cost of the merchandise ordered

d.

cost of storing the inventory

31. The size of the safety stock is directly affected by all of the following, EXCEPT the

a.

cost of a stockout.

b.

probability of a stockout.

c.

carrying cost of safety stock.

d.

economic order quantity.

32. In order to use the Optimum Production Run (OPR) formula, what must be TRUE?

A. Set-up cost/set-up must be constant

B. Carrying cost/unit must be constant

C. Manufacturing cost/unit must be constant

D. All of the above must be true

Step by Step Solution

3.53 Rating (173 Votes )

There are 3 Steps involved in it

Step: 1

Answer DATE Answer mort 1 which 8h sthe hellowing NOT aur ordexi... 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

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

13th Edition

978-0073379616, 73379611, 978-0697789938

More Books

Students also viewed these Accounting questions