=+4 Bluebond uses 300,000 units of raw material per year. It costs 200 to process and receive

Question:

=+4 Bluebond uses 300,000 units of raw material per year. It costs £200 to process and receive delivery of this stock regardless of the size of order. It also costs £10 per year to hold a unit for a year. Assuming complete certainty over demand and instantaneous delivery when an order is made, what is the economic order quantity?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 100% (QA)

Answered By

Cyrus Sandoval

I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include: - Front end languages: css, HTML, Javascript, XML - Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha - Back End Languages: Java, Javascript, PHP,kotlin - Databases: MySQL, PostegreSQL, Mongo, Cassandra - Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans. Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer. I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.

5.00+ 1+ Reviews 10+ Question Solved

Related Book For book-img-for-question