The Hedge Corporation manufactures only one
product: planks. The single raw material used in making planks is the dint. For
each plank manufactured, 12 dints are required. Assume that the company
manufactures 150,000 planks per year, that demand for planks is perfectly
steady throughout the year, that it costs $200 each time dints are ordered, and
that carrying costs are $8 per dint per year.
a. Determine the economic order quantity of dints.
b. What are total inventory costs for Hedge (total
carrying costs plus total ordering costs)?
c. How many times per year would inventory be
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more