Sunday, November 10, 2019

Cohen Industrial Products uses 2,100 switch assemblies per week and then reorders another 2,100.

Cohen Industrial Products uses 2,100 switch assemblies per week and then reorders another 2,100. The relevant carrying cost per switch assembly is $18, and the fixed order cost is $300. What is the EOQ? 
 
A. 
1,279.84

B. 
1,809.97

C. 
1,907.88

D. 
2,278.42

E. 
2,698.15
EOQ = [(2 × 52 × 2,100 × 300)/$18]½ = 1,907.88


91.
Roger's Store begins each week with 150 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $48 per year and the fixed order cost is $70. What is the optimal number of orders that should be placed each year? 
 
A. 
48.69

B. 
51.71

C. 
54.20

D. 
61.10

E. 
64.50
EOQ = [(2 × 52 × 150 × $70)/$48]1/2 = 150.83
Number of orders per year = 52(150)/150.83 = 51.71


92.
The Dilana Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent per period. What is the NPV of the new policy given the following information?

    
 
A. 
-$230,880

B. 
-$118,420

C. 
$311,508

D. 
$328,997

E. 
$388,340
Cash flow from old policy = ($71 - $36) (3,500) = $122,500
Cash flow from new policy = ($74 - $36) (3,560) = $135,280
Incremental cash flow = $135,280 - $122,500 = $12,780
NPV of new policy = - [$71(3,500) + $36(3,560 - 3,500)] + $12,780/0.02 = $388,340

93.
The Cycle Shoppe has decided to offer credit to its customers during the spring selling season. Sales are expected to be 330 bicycles. The average cost to the shop of a bicycle is $300. The owner knows that only 93 percent of the customers will be able to make their payments. To identify the remaining 7 percent, she is considering subscribing to a credit agency. The initial charge for this service is $540, with an additional charge of $6 per individual report. What is the amount of the net savings from subscribing to the credit agency? 
 
A. 
$3,790

B. 
$3,920

C. 
$4,080

D. 
$4,410

E. 
$4,950
Net savings = (330 × $300 × 0.07) - $540 - (330 × $6) = $4,410

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