Given the following information: Annual sales in units....... 30,000 Cost of placing an order..... $60.00 Per-unit carrying
Question:
Annual sales in units....... 30,000
Cost of placing an order..... $60.00
Per-unit carrying costs....... $ 1.50
Existing units of safety stock.... 300
a. What is the EOQ?
b. What is the average inventory based on the EOQ and the existing safety stock?
c. What is the maximum level of inventory?
d. How many orders are placed each year?
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a EOQ 23000060150 5 1549 units b Average ...View the full answer
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Related Book For 
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo
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