Quiz Submissions - Homework #8C (EOQ, Average Inventory)
Your quiz has been submitted successfully.
point
Cheeseburger and Taco Company purchases 17,822 boxes of cheese each year. It costs $30 to place and
ship each order and $8.26 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
Answer:
360
Question
2 point
Cheeseburger and Taco Company purchases 9,015 boxes of cheese each year. It costs $24 to place and
ship each order and $4.22 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
What is the average inventory held during the year?
Round the answer to the whole number
Answer:
160
Question
3 point
Cheesburger and Taco Company purchases 12,448 boxes of cheese each year. It costs $21 to place and
ship each order and $7.21 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
How many orders will be placed each year? Round the answer to the whole number
Answer:
46
Question
4 point
Cheeseburger and Taco Company purchases 17,071 boxes of cheese each year. It costs $28 to place and
ship each order and $6.88 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
This study source was downloaded by 100000872281541 from CourseHero.com on 10-01-2023 16:50:39 GMT -05:00
https://www.coursehero.com/file/133790653/FINC-330-HW-8Cdocx/
Your quiz has been submitted successfully.
point
Cheeseburger and Taco Company purchases 17,822 boxes of cheese each year. It costs $30 to place and
ship each order and $8.26 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
Answer:
360
Question
2 point
Cheeseburger and Taco Company purchases 9,015 boxes of cheese each year. It costs $24 to place and
ship each order and $4.22 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
What is the average inventory held during the year?
Round the answer to the whole number
Answer:
160
Question
3 point
Cheesburger and Taco Company purchases 12,448 boxes of cheese each year. It costs $21 to place and
ship each order and $7.21 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
How many orders will be placed each year? Round the answer to the whole number
Answer:
46
Question
4 point
Cheeseburger and Taco Company purchases 17,071 boxes of cheese each year. It costs $28 to place and
ship each order and $6.88 per year for each box held as inventory. The company is using Economic Order
Quantity model in placing the orders.
This study source was downloaded by 100000872281541 from CourseHero.com on 10-01-2023 16:50:39 GMT -05:00
https://www.coursehero.com/file/133790653/FINC-330-HW-8Cdocx/
