Answer:
Total cost = Sum of ordering costs + Sum of holding costs
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Cost of ordering per order
Q = EOQ
H = Cost of holding per item annually
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √(2DCo)/H
EOQ = √(2 x 40,000 x $48)/$1.44
EOQ = 1,633 units
Explanation:
EOQ is derived by multiplying two times the annual demand and ordering cost, which is divided by holding cost per item on an annual basis. The annual holding cost is determined as the product of the holding rate and unit cost.
A. 25% of the monthly returns are below or equal to the first quartile. 50% of the monthly returns are below or equal to the second quartile. 75% of the monthly returns are below or equal to the third quartile.
The answer is option "A": PCN. In the realm of global staffing, a Parent Country National (PCN) refers to an employee recruited in their home country, where their employer's main office is located. Companies typically opt for PCNs when the cultures in foreign lands are quite different.
Answer:
The total payoff is $50000
Explanation:
solution
The payment is represented at a certain point in a circular format.
This reflects the cumulative results and their probabilities.
The total payoff point is
total payoff = 0.5 × $100,000 + 0.5 × 0
total payoff = $50000
It indicates that the best decision would be the cancer lab, as it presents the highest expected return of 60000
