subject
Business, 03.03.2020 06:07 Gabby1493

Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he should store in his 9,000 gallon fuel tank. Each year Jack uses 90,000 gallons of diesel (usage is spread evenly throughout the year). Jack knows with certainly that he can have a load of fuel delivered in 5 days. The price of fuel is $3.09 per gallon and there is a separate $120 ordering fee per order. Jack thinks his holding cost per unit is 30%. If Jack orders at EOQ, what will be the average inventory of fuel in his 9,000 gallon tank?

A. β‰ˆ1,206 gallons

B. β‰ˆ2,578 gallons

C. β‰ˆ2,413 gallons

D. β‰ˆ2,290 gallons

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:50
Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince
Answers: 1
question
Business, 22.06.2019 04:00
Don’t give me to many notifications because it will cause you to lose alot of points
Answers: 1
question
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
question
Business, 22.06.2019 21:20
Afamily wishes to save for future college expenses. which financial tool should the family invest in?
Answers: 1
You know the right answer?
Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much...
Questions
question
Mathematics, 26.05.2021 17:40
question
Mathematics, 26.05.2021 17:40
question
Mathematics, 26.05.2021 17:40
question
English, 26.05.2021 17:40