{"id":31895,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/business-problemsweek5-team-assignment-2"},"modified":"2017-08-16T06:04:09","modified_gmt":"2017-08-16T06:04:09","slug":"business-problemsweek5-team-assignment-2","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/business-problemsweek5-team-assignment-2\/","title":{"rendered":"Business Problems\/Week5 Team Assignment"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p>Business Problems\/Week5 Team Assignment<\/p>\n<p>Part A.<\/p>\n<p>A small hospital purchases units of red blood from a local blood collection agency. The hospital uses 2,000 units monthly and pays $236.72 per unit. The cost per order <\/p>\n<p>is $197.00. The cost of capital is 11% and the handling, insurance, and spoilage costs are 8% of the item cost.<\/p>\n<p>1. Determine the EOQ and the total annual inventory holding cost.<\/p>\n<p>2. The blood collection agency provides a $2,000 rebate\/year for customers that order a<\/p>\n<p>minimum of 1,000 units for each order. Determine how much the hospital would save or<\/p>\n<p>lose each year if it followed the suppliers offer.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Business Problems\/Week5 Team Assignment Part A. A small hospital purchases units of red blood from a local blood collection agency. The hospital uses 2,000 units monthly and pays $236.72 per unit. The cost per order is $197.00. The cost of <a href=\"https:\/\/www.benedictsol.com\/blogs\/business-problemsweek5-team-assignment-2\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-31895","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/31895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=31895"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/31895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=31895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=31895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=31895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}