Google Answers: Finance

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Q: Finance ( No Answer, 0 Comments )

Question

Subject: Finance
Category: Business and Money > Finance
Asked by: baseball2-ga
List Price: $7.00

Posted: 22 Apr 2005 18:29 PDT
Expires: 25 Apr 2005 11:48 PDT
Question ID: 512930

Fist Corporation is trying to improve its inventory control system and
has installed an on-line computer at its retail stores. Fis
anticipates sales of 75,000 units per year, an ordering cost of $8.00
per order, and carrying of sts of $12.0 per unit.

a. What is the economic ordering quantity?

b. How many orders will be placed during the year?

c. What will the average inventory be?

d. What is the total cost of ordering and carrying inventory?

Answer

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