Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

From the Given particulars ---Calculate 1. EOQ 2. Total number of orders per year 3. The time gap between two orders.

<p><strong>Annual demand of a company is40,000 units. The ordering cost per order is Rs.30(fixed) along with a carrying cost of Rs.15 per unit per annum. The purchase cost per unit i.e. price per unit is Rs.35 per unit. Determine EOQ, total number of orders in a year and the time-gap between two orders.</strong></p> <p> </p> <p><strong>A.300 units/200orders/4 days</strong></p> <p><strong>B.400 units/200 orders/4days</strong></p> <p><strong>C.350 units/150 orders/2days</strong></p> <p><strong>D.400 units/100 orders /4 days</strong></p>    

user-image
Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/11/26
shota zedginidze
by shota zedginidze , Chief Specialist , Ministory of Finance of Georgia Revenue Service(tax office)

the write Answer is D:400 units/100 orders /4 days

Economic order quantity (EOQ): d=40000 O= Fixed cost and C=carring cost

Number of orders= D/Q=40000/400=100 and for4 days

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Shota completely correct answer

Mohamed Ezat Mahmoud  Mady
by Mohamed Ezat Mahmoud Mady , Accounting and Financial Manager , Trustmed

D:400 units/100 orders /4 days

PRADEEP VELAYUDHAN
by PRADEEP VELAYUDHAN , Chief Accountant , Super Group

ANSWER-EOQ400 units,No.of orders-40000/400=100,gap between orders -360/100=3.6 days

nawfal zouaoui
by nawfal zouaoui , Chef Département Achats et Logistique , Locamed Services

The answer is D: D.400 units/100 orders /4 days.

MALIIK SOHAIL ABBAS
by MALIIK SOHAIL ABBAS , ACCOUNTS MANAGER , AL RAWDAH GREEN SWEET WATER

THE CORRECT ANSWER IS D

Hafiz muhammad Waqas
by Hafiz muhammad Waqas , Purchase Manager , Aldrees Petroleum

 

EOQ Formula=

Correct Answer is D 

NIJAS AREEKARA MEETHAL  MBA AFA MIPA CMA
by NIJAS AREEKARA MEETHAL MBA AFA MIPA CMA , Finance Controller , ESW

Economic order quantity (EOQ): 

D= Demand, O= Fixed cost, C= Caring cost, Q= Quantity

Number of orders= D/Q

=40000/400=100 and for4 days

so Answer is D:400 units/100 orders /4 days

Munavar Pk
by Munavar Pk , ACCOUNTANT , PIPE INDIA ENTERPRISES

MY ANSWER IS400 UNITS/100 ORDER/4 DAYS

  EQUATION : SQRT(2*40000*30/15)

Ayman Esa Mustafa Farrag
by Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

D is correct.,,,,,,,,,,,,,,

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.