Multiple Choice
Overland has a part with a unit cost of $40. It costs $52 to place, process and receive an order. The carrying cost of the inventory is approximately 20% of the part's dollar value per year. The firm uses 2,000 of the parts each year. What order quantity minimizes total inventory cost?
A) 93
B) 127
C) 161
D) 205
Correct Answer:
Verified
Correct Answer:
Verified
Q47: The size of a firm's investment in
Q48: Firms will use short-term loans to support
Q49: The purpose of collateral in a secured
Q50: The services provided by an accounts receivable
Q51: The cash conversion cycle is the time
Q53: Characteristics of a line of credit include:<br>A)guaranteed
Q54: Commercial paper:<br>A)is normally issued by smaller firms
Q55: The level of a firm's receivables is
Q56: A firm's credit terms stipulate:<br>A)the maturity of
Q57: Functions that can be performed by a