Economic Order QuantityIn continuation with the previous question, how many units should the distributor order in a batch? (You should round up your answer to avoid any shortfall.)6480625431

Determining Optimum Batch SizeA distributor sells industrial tools. He has a sales estimate of ₹20 crores for the upcoming year. Each tool sells for ₹10,000. Assume that the demand remains constant throughout the year.The set-up cost per order is ₹10,000 and the inventory holding cost per tool is 10% of its selling price.What is the optimum no.of batches requiredto meet the annual demand? (You should round up your answer to avoid a shortfall.)10162432

What is the most economical number of units to order?Annual requirement = 48,000 units, Ordering cost = Rs.9 per order, Carrying cost = 15% of per-unit cost. Per unit cost = Rs.4 per unitOptions :1567150012001765

Balding Brothers sell paint brushes and has a budgeted unit sales of 350,000 units for March, 2023 and 240,000 units for April 2023. The company’s policy is to have finished goods inventory of units on hand at the end of each month that is equal to 25% of next month's budgeted unit sales. If there were 75,000 units of finished goods inventory on hand on February 28th, 2023, how many units should be produced in March, 2023 in order for the company to meet its goals?Group of answer choices450,500800,500480,850335,000

Economic Order Quantity is the quantity ordered to minimise the total purchase cost of the inventory.Group of answer choicesTrueFalse

A manufacturer desires ending finished goods inventory of 5,000 units. Their budgeted unit sales are 20,000 units and beginning finished goods inventory is 3,000 units. The units to be produced isMultiple choice question.18,00022,00025,00030,000