Healthy Plants Ltd. (HP) produces its premium plant food in 50-pound bags. Demand for the product is 100,000 pounds per week. HP operates 50 weeks per year and can produce 250,000 pounds per week. The setup cost is $200, and the annual holding cost rate is $0.55 per bag. Currently, HP produces its premium plant food in batches of 1,000,000 pounds. Using the data provided in Problem 23, determine what will happen if HP uses the economic production quantity model to establish the quantity produced each cycle.

Answers

Answer 1

Based on the weekly demand, production capacity and holding cost, the EPQ must be 550,482.88 pounds or 11,009.66 bags.

The Economic Production Quantity can be found by the formula:

= √( ( 2 x Annual demand x Setup cost) / ( Annual holding cost per pound x ( 1 - Demand rate per week / Production rate) ) ) )

Annual demand = Demand per week x Number of weeks in HP year)

= 100,000 x 50

= 5,000,000

Annual holding cost per pound = Cost per bag / Number of pounds in bag

= 0.55 / 50 pounds

= $0.011 per pound

Economic Production Quantity = √( ( 2 x 5,000,000 x 200) / ( 0.011 x ( 1 - 100,000 / 250,000) ) ) )

= 550,481.88 pounds

In bags this is:

= 550,481.88 / 50 pounds per bag

= 11,009.66 bags

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The question is:

Calculate the economic production quantity (EPQ) in pounds and bags


Related Questions

Which type of insurance can help provide financial support to beneficiaries when someone dies?

Collision
Health
Life
Property

Answers

The type of insurance that can help provide financial support to beneficiaries when someone dies is Life Insurance.

This is because Life insurance is a type of insurance in which the surviving dependents of the person whose life is insured get financial supports following the death of an insured policyholder.

In a Life Insurance deal, the surviving dependents usually get a certain amount of money, often termed a death benefit.

The surviving dependents must, however, be named the life insurance policy before he or they can reap the benefits.

Hence, in this case, it is concluded that the correct answer is Life Insurance.

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plss someone give me a 3 examples of business objectives with timeframe (our product is reselling the shoes) plss i need it​

Answers

Answer:

campaign

store

fundraising

all great examples of buisness objective

for a company making advanced technology, with highly specialized components, a customer divisional structure would be more effective than a modular structure.

Answers

Modular simply means something that has separate units, especially when each unit performs its own function and could be replaced by a similar unit for the same function. For a company making advanced technology, with highly specialized components, a customer divisional structure would be more effective than a modular structure is regarded as a false statement.

The Modular Structure Organizations put in several ways that show how the organization operates and performs.

The structure carries along computer, automotive, appliances, and other companies making advanced technologies and using specialized components.

It is based on dividing the business into small, strong tied strategic business units, which is based on specific elements of the organizational process.

Conclusively, modularity is used often when dealing with technological and organizational systems and the modular organization is very flexible.

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Skylar is looking to purchase real estate as an investment using all of her available funds, but she has
several concerns. Which of the following concerns are valid from an investment standpoint? (1 point)
11
She might be disappointed because real estate usually offers modest returns.
She might miss a better investment opportunity because real estate is not particularly
liquid.
She might lose her investment funds because real estate is notoriously risky.
O She might regret the purchase because she would not want to live on the property herself.

Answers

Answer:

she might miss a better investment opportunity because real estate is not particularly liquid.

Explanation:

i just took the test

The concern that should be valid from the investment standpoint should be that she misses the better investment opportunity.

What is an investment?

Investment refers to the act where the money should be committed with an expectation to receive the extra income or the profit. Also, it should be grown in near future. Moreover, it leads to the risk of losses. Since she is looking to purchase real estate for investment so here she misses the investment opportunity.

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the term economists use to describe a situation in which the economy’s overall price level is rising is

Answers

Answer: i would guess it would be inflation, but im not sure. thats my best guess.

Explanation: if the overall pricing of things is rising its inflation

Would workers' compensation cover a pizza delivery person who was injured in a car accident while delivering pizza? Explain your answer.

Answers

Answer:

yes

Explanation:

Most pizza delivery drivers are considered to be employees of the company for which they drive. ... As such, your accident and subsequent injuries should be covered under the auspices of the company's workers' comp.

what happens if you overdraw your checking account?

Answers

Answer:

Your bank can close your account and report you to a debit bureau, which may make it hard for you to get approved for an account in the future.

the market for public goods such as – are often subject to – . private markets tend to – these goods and services because of the – problem. one solution to this problem is for – to use people’s – dollars to provide for public goods.

Answers

The market for public goods such as city parks are often subject to market failure . Private markets tend to undersupply these goods and services because of the free rider problem. One solution to this problem is for government to use people’s tax dollars to provide for public goods.

A public good is a good that consumers cannot be excluded from consuming and it is also non-rivalrous. For example, everyone has access to a city park.

A private good is a good that consumers can be excluded from consuming and it is also a rivalled good. For example, a private good is a pair of jeans. You would have to pay for the jeans and once you buy the jeans another person cannot buy the jeans.

Market failure occurs when the market is unable to efficiently distribute goods and services to consumers. The free rider problem is a type of market failure. It is when consumer enjoy the benefits of a public good but do not pay for these products.

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can somebody plz help? ASAP

Answers

Answer:

More accessible goods

An increase in international trade

A rise in regional Jobs

(Literally please help I'm not sure..)
If you are a guest at a hotel, and you want to request an order of nachos to be delivered to your room, which department should you call?

Housekeeping Department
Food & Beverage Department
Front Desk & Rooms Department
Maintenance Department

Answers

#2 :) :) :) :) :)
Hope this helps!

To request an order of nachos to be delivered to your room Food & Beverage Department you should call. The answer is OPTION C.

To request an order of nachos to be delivered to your room as a guest at a hotel, you should call the Food & Beverage Department. This department is responsible for handling all food-related services in the hotel, including room service and dining options.

They take orders for in-room dining and coordinate the delivery of food items to the guests' rooms. By contacting the Food & Beverage Department, you can place your nachos order and have it delivered directly to your room for a convenient and enjoyable dining experience during your stay at the hotel.

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explain what the characteristics are for a partnership

Answers

here you go

Explanation:

Characteristics of Partnership

Unlimited liability: The members of a partnership have unlimited liability, i.e. they are collectively and individually liable for the firm's debts and obligations. ... Sharing of profit and loss: The main purpose of the partnership is to share profit in the agreed ratio.

In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100 and real GDP of 520,200. During 2009 real GDP in Viloxia grew by Select one: a. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. b. 4 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 2 percent, which is high compared to average U.S. growth over the last one-hundred years.

Answers

The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:

Total GDP / population = real GDP 500,000 / 5000 = X 100 = X 520,200 / 5100 = X 102 = X 102 - 100 = 2

Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

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what is one of the distinguishing characteristics that sets terrorist financing apart from money laundering and makes it difficult to detect?

Answers

Answer:

The origin of the funds

Explanation:

hope it helped

The most basic difference between terrorist financing and cash laundering involves the starting place of the price range. Terrorist financing uses finances for an unlawful political cause, however, the cash isn't always necessarily derived from illicit proceeds.

What is money laundering?

Money laundering involves disguising financial belongings in order that they can be used without detection of the unlawful pastime that produced them. Thru cash laundering, the crook transforms the economic proceeds derived from a crook pastime into finances with a seeming prison supply.

Money laundering is illegal due to the fact it's miles a way for criminals to benefit from crime and frequently involves multiple unlawful activities. Both the act and the foundation of money laundering make it unlawful.

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1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Answers

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

Describe some of the characteristics of federal student loans.

Answers

Answer:

Interest rates on federal loans are fixed. The interest rates on private student loans can be variable or fixed and are usually higher.

Undergraduate borrowers who can demonstrate financial need could receive a federal subsidized loan, meaning the government pays the interest until you graduate.

Federal loans offer flexible repayment options and loan forgiveness programs. Private loans have few repayment options and no loan forgiveness programs.

Federal loans don’t have to be repaid until you graduate or drop below half-time status as a student.

Explanation:

Hope this helps you if it does please mark brainiest

Calculate the interest for a loan of $10,000 with an interest
rate of 8% that is repaid in 2.5 years.

Answers

.

interest= PRT

10000*8/100*25/10

=$2000

Which of the following is an example of greenwashing?

A. A large office starts a recycling campaign to cut down on waste.

B. An event company uses recycled paper products instead of plastic
products.

C. A hair product company cuts back on certain chemicals.

D. A food company changes its packaging to look more natural in order to sell more.

Answers

Answer: i think it's D

Explanation:

After making a decision, you still have to _____. a. Celebrate your effectiveness b. List your available resources c. Implement a plan of action d. Discuss your possible outcomes Please select the best answer from the choices provided A B C D

Answers

Answer:

c. Implement a plan of action.

Explanation:

You already made your decision, so you've already considered all the outcomes and checked whether you have the resources needed for this. So the only thing left to do is to implement the plan of action

Answer:

It is C

Explanation:

edge 2021

Craig has a lot of reasons for wanting to start his own business. What is the main reason why he believes he’s ready to turn his side job into a full-scale business? Multiple Choice He is passionate about landscaping. He has been able to grow his client base steadily just by word of mouth. His wife knows how to build a website. He is tired of his corporate job.

Answers

Answer:

B

Explanation:

The correct option for the question is B. He has been able to grow his client base steadily just by word of mouth.

What is the client base?

A client base is a company's primary source of business and revenue. A client base includes the current clients paying for the products or services. A client base can be identified or defined in many ways depending on the sort of industry. Existing clients may also be the first to be sold new offerings.

Conclusion: If you sell computer systems, your client base includes the clients that are subject to your marketing efforts and customers who have already purchased your computers.

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When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. When high pressures exist to adapt locally, companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace. transnational; multidomestic international; global global; multidomestic global; transnational

Answers

Answer: Global strategy; Transnational strategy Explanations: Companies should choose a global strategy or transnational strategy A global strategy is a technique used by a firm to expand and compete in the global market. It is the plans made by a firm to grow beyond it's border. Global strategy covers three other strategies 1. International strategy 2. Multinational strategy 3. Global strategy A firm adopt global strategy in order to increase its sales of products and Profit. Transnational strategy is a technique which allows firms to expand sales of goods and services while taking into consideration the difference in culture of people.  

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A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?

Answers

Answer:

branding or brand mark would be my answer

why is it more difficult to get out of debt when only paying the minimum payment?

Answers

When one keeps paying only the minimum amount, they will find getting out of debt harder because:

More interest will accrue on the balance left

When a person pays the minimum balance that they are supposed to pay on a loan, they will be leaving a larger portion of money to be paid back.

This amount will accumulate interest such that the debt will keep increasing because the interest needs to be paid back as well.

In order to get out of debt faster, it is recommended that you pay higher than the minimum because this would reduce the amount that interest is charged on which means that you would owe less interest.

In conclusion, paying the minimum balance leads to more interest accumulating which makes getting out of debt difficult.

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what tiny country once offered itself to be rented out for $70,000 a night?

Answers

Answer:

Liechtenstein

Answer:

Liechtenstein

Explanation:

In 2011, Airbnb partnered with the tiny German-speaking principality of Liechtenstein to offer the entire country out for rent

Why does this occur?

Answers

This has to be asked in context.

target has used ________ to identify 25 products that, when bought together or over time, predict a woman’s likelihood of being pregnant as well as her child’s expected due date.

Answers

Predictive modeling is a method used by firms and organisation in predicting future outcomes through the use of data modeling. Target has used predictive modeling to identify 25 products that, when bought together or over time, predict a woman’s likelihood of being pregnant as well as her child’s expected due date.

Predictive modeling is known to be one of the old ways a business can see its future (path forward) and make appropriate plans.

This modeling has high accuracy and also commonly use. It uses mathematical and computational methods to predict an event or outcome.

Conclusively, Predictive modeling can see the forward paths of firms through the use of mathematical and computational means of predicting events.

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Which statement about a money market account is true?
A. Depositors are offered an introductory interest rate.
B. A debit card is linked to your account.
C. Depositors are required to use 10 percent of the funds each
month.
D. Depositors are permitted to write a limited number of checks each
month.
SURMAT

Answers

Answer to your question is D. depositors are permitted to write a limited number of checks each month

The statement that is true about a money market account is Depositors are permitted to write a limited number of checks each month. The correct option is D.

What is a money market account good for?

You get almost always-immediate access to your money with money market accounts. MMAs frequently allow customers to use their debit cards to obtain cash or write cheques. And be aware that, unlike with a certificate of deposit (CD), withdrawals are often free of charge.

Money market accounts are a type of savings account that typically pays a higher interest rate than a traditional savings account. They may also require a higher minimum balance to open and maintain the account. Money market accounts often allow a limited number of checks to be written each month, typically between three and six. This limit is designed to encourage saving and discourage excessive withdrawals or transactions.

Thus, the ideal selection is option D.

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Paragraph Writing of 50words
- define the term economic goods
- state two examples
- describe two features of economic goods​

Answers

The term economic goods means a good or service that has a benefit (utility) to society. Two examples of economic costs are free goods which is a normal good that is abundant is supplied & no cost another being inferior goods which are low quality goods & services that are purchased at low levels of income that people buy less of as income increases. Two features would be it being a physical object or service that has value to people.

Answer:

I am Kajal I am follow you

Explanation:

please make me brainliest

what is the primary role of consumers in a free market economy?

Answers

Answer:

The consumer is the one who pays to consume the goods and services produced.

Explanation:

As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation

a pharmaceutical company is using sales call reports from previous years in order to develop personal selling ideas for its current team. the company is using

Answers

The type of data used by the pharmaceutical company to develop new personal selling ideas is called internal secondary data.

The information compiled or gathered which is used in other generate new pattern or insight aimed at solving a problem is called data.

Since, these data was obtained form within the firms database, then it is called an internal data. Since the data was gathered from previous year's data, then it is called internal secondary data.

Therefore, since the data was not just generated within the firm but from previously used internal data, the it is called internal secondary data.

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business communication helps establish, build and maintain our __________ with our audience.

Answers

Business communication helps to establish, build and maintain our relationship with our audience.

Business communication is the act of sharing information and messages between those that work in a business and the public.

Effective communication in the business place is very necessary because it helps to foster a better relationship in the work place.

It helps the organization also to meet with its goals and improve the business as well as the reduction of errors.

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