=+LG 3 E153 Cohen Industrial Products uses 2,100 switch assemblies per month and then reorders another 2,100.

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=+LG 3 E15–3 Cohen Industrial Products uses 2,100 switch assemblies per month and then reorders another 2,100. The carrying cost per switch assembly is $20 per year, and the fixed order cost is $300. The plant operates 250 days in a year and maintains a minimum inventory level of 2 days’ worth of switch assemblies. Assuming that the lead time to receive orders is 3 days, calculate the economic order quantity (EOQ)

and the reorder point.

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SUBHAM AGARWAL

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