Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 442 Weeks Ago, 4 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 15 May 2017 My Price 8.00

Keith Shoe Stores carries a basic black men’s dress shoe

 

  1. Keith Shoe Stores carries a basic black men’s dress shoe that sells at an approximate con- stant rate of 500 pairs of shoes every three months. Keith’s current buying policy is to order 500 pairs each time an order is placed. It costs Keith $30 to place an order. The an- nual holding cost rate is 20%. With the order quantity of 500, Keith obtains the shoes at the lowest possible unit cost of $28 per pair. Other quantity discounts offered by the man- ufacturer are as follows. What is the minimum cost order quantity for the shoes? What are the annual savings of your inventory policy over the policy currently being used by Keith?

 

 

 

Order Quantity

0 –99

 

Price per Pair

$36

100 –199

$32

200 –299

$30

300 or more

$28

 

 

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 15 May 2017 03:05 PM My Price 8.00

-----------

Attachments

file 1494863182-1264038_1_636301066359008794_EOQ-discount-savings.xlsx preview (324 words )
12-----------640-----------38&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------378-----------771-----------EOQ----------- di-----------sco-----------unt----------- Mo-----------del-----------Kei-----------th -----------Sho-----------e S-----------tor-----------es -----------car-----------rie-----------s a----------- ba-----------sic----------- bl-----------ack----------- me-----------nâ€-----------™s -----------dre-----------ss -----------sho-----------e t-----------hat----------- se-----------lls----------- at----------- an----------- ap-----------pro-----------xim-----------ate----------- co-----------n- -----------sta-----------nt -----------rat-----------e o-----------f 5-----------00 -----------pai-----------rs -----------of -----------sho-----------es -----------eve-----------ry -----------thr-----------ee -----------mon-----------ths-----------. K-----------eit-----------hâ€-----------™s -----------cur-----------ren-----------t b-----------uyi-----------ng -----------pol-----------icy----------- is----------- to----------- or-----------der----------- 50-----------0 p-----------air-----------s e-----------ach----------- ti-----------me -----------an -----------ord-----------er -----------is -----------pla-----------ced-----------. I-----------t c-----------ost-----------s K-----------eit-----------h $-----------30 -----------to -----------pla-----------ce -----------an -----------ord-----------er.----------- Th-----------e a-----------n- -----------nua-----------l h-----------old-----------ing----------- co-----------st -----------rat-----------e i-----------s 2-----------0%.----------- Wi-----------th -----------the----------- or-----------der----------- qu-----------ant-----------ity----------- of----------- 50-----------0, -----------Kei-----------th -----------obt-----------ain-----------s t-----------he -----------sho-----------es -----------at -----------the----------- lo-----------wes-----------t p-----------oss-----------ibl-----------e
Not Rated(0)