Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an oil engine manufacturer purchases lubricants at

An oil engine manufacturer purchases lubricants at the rate of $ 42 per piece from...

70.2K

Verified Solution

Question

Accounting

An oil engine manufacturer purchases lubricants at the rate of $ 42 per piece from a
vendor. The requirements of these lubricants are 1000 per year.
What should be the ordering quantity per order, if the cost per placement of an order is $ 16 and inventory carrying charges per doller per year is 20 cents. (Use analytical method)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

A plane has 7 = (-3, 5, 6) + s(-1, 1, 2) + v(2, 1,...

Geometry
1.2K views

3 Consider three points 21 y1 2 92 and 3 93 in a 2D plane...

Psychology
1.2K views

List the factors that led to the abolition of the British slave trade in the early...

Physics
1.2K views

Pick out the correct statement from the following A B C D Charge flows slower...

Physics
1.2K views

The plane wall of an oven is of thickness L 0 05 m and is...

Basic Math
1.2K views

f x 1 8208e 0 33871 billion dollars is approximately where x 0 corresponds to...

Calculus
1.2K views

New-cars have a distinctive smell which is caused by the out-gassing of chemicals from the...

Calculus
1.2K views

10T A positive angle less than 2 that is coterminal with is 3 Simplify your...

Accounting
1.2K views

The Southern Division of Barstol Company makes and sells a single product, which is a...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] A manufacturer reports the...

Accounting
1.2K views

RANDALL DEPARTMENT STORES, INC Income Statement compared with Industry Average Year Ended December 21, 2020...

Accounting
1.2K views

( Unit 5 Discussion Word has gotten around that you know accounting and can explain...