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Title: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Min Post by: jerico on Mar 14, 2015 Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Miniature orders 20,800 tigers per year, 400 per week, at $15 per tiger. The manufacturer covers all shipping costs. Miniature earns 15% on its cash investments. The purchase-order lead time is 3 weeks. Miniature sells 310 tigers per week. The following data are available (based on management's estimates):
Estimated ordering costs per purchase order $22 Estimated insurance, materials handling, breakage, and so on, per year $7 Actual ordering costs per order $25 What is the economic order quantity using the estimated amounts? A) 637.7 stuffed tigers B) 314.5 stuffed tigers C) 191 stuffed tigers D) 325 stuffed tigers Title: Re: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Post by: cyborg on Mar 16, 2015 Content hidden
Title: Re: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Min Post by: jerico on Mar 23, 2015 I can confidently say that it looks and sounds right lol Thank you :) Give this man a thumbs up.
Title: Re: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. Min Post by: cyborg on Mar 23, 2015 Sweet, you're welcome.
Title: Re: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. ... Post by: syafiqa aulia on Apr 14, 2020 thank you for the answers
Title: Re: Miniature Company sells stuffed tigers. Birtal Inc. manufactures many different stuffed animals. ... Post by: M Reza Prakoso on Apr 14, 2020 ty
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