=+17-28 KKK Effect of management evaluation criteria on EOQ model OBJECTIVE 5 Netlets is an online company
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=+17-28 KKK Effect of management evaluation criteria on EOQ model OBJECTIVE 5 Netlets is an online company that retails netbooks and tablets to individual consumers. The annual demand for one model that will be shipped from the southern distribution centre is estimated to be 25000 tablets. The ordering cost is $175 per order. The cost of carrying a tablet in inventory is $251.20 per year, which includes $81.20 in opportunity cost of investment. The average purchase cost of a tablet is $250.
Required 1 Calculate the optimal order quantity using the EOQ model.
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9781442563377
2nd Edition
Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan
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