Financial planning q1 Answer ALL the questions in...
50.1K
Verified Solution
Link Copied!
Question
Finance
Financial planning q1
Answer ALL the questions in this section. QUESTION 1 1.1 (5 marks) Information: Jumbo Ltd produces tables with a steady monthly demand of 24 000 units. Tables require a component that is acquired from the supplier at R50 per unit. The cost of placing an order is R12 per order and the holding cost is 10% of the unit purchase price. NB: Round off to the next whole number Required: Number of orders per year based on the economic order quantity. 1.2 (5 marks) Information: Rambo Producers has the following sales forecast for Line 1 Product for the first two months of 2022 January 30 000 units February 40 000 units Rambo Producers maintains an inventory, at the end of the month, equal to 20% of the budgeted sales of the following month. Required: Determine the required number of units that should be produced during January 2022
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.