Number of bows at the end of fourth month is to be calculated. Concept Introduction : Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Question

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Answer 1

Question

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

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Answer 2

Question

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

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Answer 3

Question

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

Answer 6

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

Answer 7

Chapter 11, Problem 29P

a

Summary Introduction

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Answer 8

a

Expert Solution

Explanation of Solution

All figures are in ‘000.

For month 1:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Where,

Pi = Production during month

Di = Demand during month

A1 = (0+15)/2 = 7.5

Average inventory for 1^s^t moth is 7500.

For month 2:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B2 = 15E2 = Bi+Pi −DiEi = 15+25−5 = 35

Where,

Pi = Production during month

Di = Demand during month

A2 = (15+35)/2 = 25

Average inventory for 2ⁿ^d month is25000.

For month 3:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B3 = 35E3 = B3+P3 −D3E3 = 35+25−30 = 30

Where,

Pi = Production during month

Di = Demand during month

A3 = (15+35)/2 = 32.5

Average inventory for 3rd month is 32500.

For month 4:

Calculation of average inventory::

Average inventory = (Bi+ Ei)/2

Where,

Bi = beginning inventory

Ei = ending inventory

B4 = 0E4 = Bi+Pi −DiE4= 30+25−50 = 5

Where,

Pi = Production during month

Di = Demand during month

A4 = (30+5)/2 = 32.5

Average inventory for 2ⁿ^d month is 32500.

Number of bows at the end of the month is 5000

Answer 9

a

Expert Solution

Answer 10

a

Expert Solution

Answer 11

Expert Solution

Answer 12

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

Answer 13

b

Summary Introduction

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Answer 14

b

Expert Solution

Explanation of Solution

E4 = Bi+Pi −DiE4= 30+25−50 = 5

Fouth month has the highest inventory as ending inventory is 5000.

Answer 15

b

Expert Solution

Answer 16

b

Expert Solution

Answer 17

Expert Solution

Answer 18

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

Answer 19

c

Summary Introduction

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

Answer 20

c

Expert Solution

Explanation of Solution

Cost of inventory = $1 per unit.

Total inventory cost = $1× total inventory for 4 months = $1 × (15+35+5) × 1000 = 85000

Total inventory cost is $85000

Answer 21

c

Expert Solution

Answer 22

c

Expert Solution

Answer 23

Expert Solution

Answer 24

Ch. 11 - Prob. 1DQ Ch. 11 - Prob. 2DQ Ch. 11 - Prob. 3DQ Ch. 11 - Prob. 4DQ Ch. 11 - Prob. 1P Ch. 11 - Prob. 2P Ch. 11 - Prob. 3P Ch. 11 - Prob. 4P Ch. 11 - Prob. 5P Ch. 11 - Prob. 6P

Number of bows at the end of fourth month is to be calculated. Concept Introduction : Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Concept explainers

Videos

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Explanation of Solution

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Explanation of Solution

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

Explanation of Solution

Want to see more full solutions like this?

Chapter 11 Solutions

Number of bows at the end of fourth month is to be calculated. Concept Introduction : Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Concept explainers

Videos

Interpretation: Number of bows at the end of fourth month is to be calculated. Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Explanation of Solution

Interpretation: The month that has the highest inventory is to be determined. Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Explanation of Solution

Interpretation: Total inventory cost is to be calculated. Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.

Explanation of Solution

Want to see more full solutions like this?

Chapter 11 Solutions

Interpretation: Number of bows at the end of fourth month is to be calculated.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Interpretation: The month that has the highest inventory is to be determined.

Concept Introduction: Weighted average method is the method in which different numerical value is given to variable depending upon its importance. Higher the importance, larger is the numerical value given.

Interpretation: Total inventory cost is to be calculated.

Concept Introduction: Holding cost or inventory cost is the cost of warehousing in which unsold goods are kept. It includes transportation, warehousing, insurance etc.