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Q: Why can the item cost be dropped from the simple EOQ formula?
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Related questions

If the markup formula is 40 percent of cost and the selling price of an item is 49.99 what is the cost?

$35.71


Why are brackets necessary when calculating the total cost of an item in Excel?

It depends on your formula, but you may need them to change the order of operations.


An item cost 20.00 with 25 percent off what is the cost of the item?

16


1. What is simple difference between price and cost or is price belongs to goods and cost belong to services?

From a seller's perspective: Price is what you sell something for, cost is what you paid for it or what it cost to produce it. The difference is referred to as margin or gross profit.From a buyer's perspective: Price is what you initially pay for an item. Cost is what it takes to maintain the item until it reaches the end of its useful life.


How much will your item be it it cost 200.00 and you get 15 percent off?

The item will cost 170.00


What would the item cost if it were on sale for25 percent off?

Multiply the cost by 0.75 and that is the sale cost of the item.


Is the height of a ball bounce affected by the height from which the ball is dropped?

Yes - the greater the height an item dropped the resulting bounce is higher


Is the height of the ball's bounce affected by the height from which the ball is dropped?

Yes - the greater the height an item dropped the resulting bounce is higher


Is the height of a ball's bounce affected by the height from which the ball is dropped?

Yes - the greater the height an item dropped the resulting bounce is higher


What is considered the net cost?

The net cost of an item is the cost of the item after any discounts or returns and before any tax


How do you find the total cost of a item with tax?

First you calculate the amount of the tax on the item. Then you add together the original cost of the item and the tax.


What is the diffeference between the retailers cost and the selling cost?

The retailers cost is what they paid the manufacturer for an item. The selling cost is what the retailer charges the buying public for the same item.