Net steels is a steel manufacturing company. it orders 180 metric tons of raw material per order. it was observed that the company often faces stockout. to tackle this issue, the company incorporated a fixed-quantity system (fqs) and collected the following data.

demand 11,000 metric tons per year
order cost $18,000 per order
item cost $36,000 per year
inventory-holding cost 20 percent per year

using the data, net steels determined that the economic order quantity (eoq) should be 235 metric tons. in this scenario, the annual amount that net steels can save by ordering as per the eoq instead of its conventional order is:

a. more than $45,000 but less than or equal to $55,000.
b. more than $65,000.
c. less than $45,000.
d. more than $55,000 but less than or equal to $65,000

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

Your own record of all your transactions. a. check register b. account statement