Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the management of two different sized sachets of m

The management of two different sized sachets of maize meal 5kg and 3kg-is entrusted to...

60.1K

Verified Solution

Question

Accounting

image
The management of two different sized sachets of maize meal 5kg and 3kg-is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICEI" 2.1 Propose which size of Sugar currently gives you the best value for money. (10 marks) 2.2 The annual demand of Maize Meal =750 units (bigger size), Delivered purchase cost =R35/units, Annual carrying cost percentage =25 percent, Order cost = R50/order. The lead time is 10 working days. Assuming 20 working days per month. 2.2.1 Determine the Economic Order Quantity (2 marks) 2.2.2 Determine the reorder point (2 marks) 2.2.3 Determine the average inventory (2 marks) 2.24 Suppose orders are placed only at review time. Find the optimal period and the optimal order quantity. ( 4 marks)

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

Q

A room has a normal total air pressure, and oxygen levels, but has 10 times the...

Medical Sciences
Q

Consider the differential equation y′′(t)+15y′(t)+56y(t)=−210exp(-1t), with initial conditions y(0)=−14, and y′(0)=72. A)Find the Laplace transform of the solution Y(s). Write the solution...

Electrical Engineering
Q

Write the main definition for the medical term diaphoresis

Biology
Q

A typical human red blood cell has an average diameter of 8.2 x 10-6m, while...

Basic Math
Q

The formula d = rt is used to calculate the distance an object travels over...

Basic Math
Q

A hospital implements a medical triage model that uses check in questionnaire answers to identify...

Statistics
Q

then A 1 6 00 HERE A 07 0 0 0 2

Algebra
Q

Evaluate the expression without using a calculator 1 2 log 27 log 2 1 11

Algebra
Q

Durante 2014, una empresa prest servicios al contado por $21.000 y servicios a crdito por...

Accounting
Q

PData tablereparing financial plans for the coming year. Information related to financial projections for...

Accounting
Q

The Board of Directors of Jin Corporation declared an annual dividend of P 5 per...

Accounting
Q

Calculate the adjusted cash balance per books of ABC Co. given the following information.: ...

Accounting