This topic contains a solution. Click here to go to the answer

Author Question: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. ... (Read 222 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Miniature orders 21,200 tigers per year, 22 per week, at $10 per tiger. The manufacturer covers all shipping costs. Miniature earns 20% on its cash investments. The purchase-order lead time is 2 weeks. Miniature sells 320 tigers per week. The following data are available (based on management's estimates): 

Estimated ordering costs per purchase order$23
 Estimated insurance, materials handling, breakage,
and so on, per year$7
Actual ordering costs per order$27

What is the economic order quantity using the estimated amounts?
◦ 698.3 stuffed tigers
◦ 329.2 stuffed tigers
◦ 232.8 stuffed tigers
◦ 493.8 stuffed tigers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by BRWH on Mar 6, 2021

mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




BRWH

  • Member
  • Posts: 553
Reply 2 on: Mar 6, 2021
Wow, this really help


ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library