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Author Question: An assistant manager is reviewing the costs associated with one of the store's better-selling ... (Read 133 times)

imowrer

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An assistant manager is reviewing the costs associated with one of the store's better-selling products. The data available follows.

Demand = 400 units/year
Order cost = $25/order
Holding cost = 50/unit/year

a. They currently order a one-year supply. What are the total annual ordering cost and holding cost for this order size?
b. What would be the EOQ and its associated ordering and holding costs?


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Marked as best answer by imowrer on Apr 18, 2020

kaykay69

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imowrer

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Reply 2 on: Apr 18, 2020
Great answer, keep it coming :)


flexer1n1

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Reply 3 on: Yesterday
Excellent

 

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