Figure 24-1
Mrs. Brown's Bagel Company manufactures specialty bagels. The company buys flour in 50-kg bags that cost £25 each. The company uses 10,000 bags per year, and usage occurs evenly throughout the year.
The average cost to carry a 50-kg bag in inventory per year is £4, and the cost to place an order is £10.
The company works 250 days per year.
Mrs. Brown's Bagel Company manufactures specialty bagels. The company buys flour in 50-kg bags that cost £25 each. The company uses 10,000 bags per year, and usage occurs evenly throughout the year.
The average cost to carry a 50-kg bag in inventory per year is £4, and the cost to place an order is £10.
The company works 250 days per year.
-Refer to Figure 24-1. Brown's economic order quantity is
A) 354 bags.
B) 447 bags.
C) 224 bags.
D) 100 bags.
Correct Answer:
Verified
Q1: Figure 24-2
Hapsburg Manufacturing purchases components produced by
Q2: Figure 24-1
Mrs. Brown's Bagel Company manufactures specialty
Q3: Safety stock is an attempt to manage
Q5: JIT reduces lead times to meet delivery
Q6: One of the traditional reasons for holding
Q7: The cost of interrupted production is considered
Q8: The reorder point for inventory depends upon
Q9: Ordering frequently in small lot sizes minimizes
A)ordering
Q10: The reorder point for inventory is calculated
Q11: Which of the following is NOT considered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents