1. A grocery store uses 600 boxes of plastic bags per month. The boxes cost $25 each, placing an order for plastic bags cost $20, and holding costs are $5 per box per month. Using the basic EEQ model, what are: a) the economic order quantity?
b) the average inventory level?
c) the total monthly holding cost?
d) the total monthly ordering cost?

2. A manufacturer produces umbrellas, which it sells for $10 each. The production rate is 400 per day. The monthly demand for umbrellas is 1800(and so usage per day is 60). Setup cost is $50 and holding cost is $1 per umbrella per month. What are:
a) the economic production quantity?
b) the average inventory level?
c) the total monthly holding costs?
d) the total monthly setup costs?

3. A hospital orders latex gloves in lots of 100 boxes. Inventory is depleted at a constant rate and orders are placed so that the new gloves arrive when the inventory of gloves reaches 30 boxes. What is the average inventory level over time?

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

Which of the following is not a consideration when determining your asset allocation

Which of the following are considered needs? check all that apply