subject
Business, 23.03.2021 01:30 19thomasar

A food processor purchases corn for use in its products. The firm uses 500 pounds of corn per week and purchases corn for $0.25 per pound from a supplier. Each time the firm orders corn from the supplier, the firm must pay a $40 order processing charge. The firm's annual holding cost percentage is 25%. Do not round intermediate calculations. Assume there are 52 weeks in a year and round your answer to two decimal places. If the food processor orders 8,000 pounds of corn with each order, what is the sum of the annual holding and ordering costs

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:30
Jen heard that the bank where she kept her money was going to close for good. jen said she wasn't worried
Answers: 3
question
Business, 21.06.2019 18:30
Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake
Answers: 2
question
Business, 22.06.2019 04:30
Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.
Answers: 3
question
Business, 22.06.2019 07:30
Why has the free enterprise system been modified to include some government intervention?
Answers: 1
You know the right answer?
A food processor purchases corn for use in its products. The firm uses 500 pounds of corn per week a...
Questions
question
Social Studies, 23.09.2019 12:10