The material DX is used uniformly throughout the year. The data about annual requirement, ordering cost and holding cost of this material is given below: • Annual requirement: 3,400 units • Ordering cost: OMR 15 per order • Holding cost: OMR 0.70 per unit •What will be the economic order quantity (EOQ) of material DX a. 3817.254 b. 318.72 c. 381.72 d. 3187.254
The material DX is used uniformly throughout the year. The data about annual requirement, ordering cost and holding cost of this material is given below: • Annual requirement: 3,400 units • Ordering cost: OMR 15 per order • Holding cost: OMR 0.70 per unit •What will be the economic order quantity (EOQ) of material DX a. 3817.254 b. 318.72 c. 381.72 d. 3187.254
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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•The material DX is used uniformly throughout the year. The data about annual requirement, ordering cost and holding cost of this material is given below:
• Annual requirement: 3,400 units
• Ordering cost: OMR 15 per order
• Holding cost: OMR 0.70 per unit
•What will be the economic order quantity (EOQ) of material DX
a.
3817.254
b.
318.72
c.
381.72
d.
What will be the inventory turnover ratio?
3187.254
.......
Answer the Question based the data given below
|
Opening Stock |
25000 |
|
Closing Stock |
35000 |
|
Net purchases |
130000 |
|
Manufacturing expenses |
30000 |
a.
6
b.
5
c.
4.5
d.
4
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