=+Tan Ltd has a Singapore plant that manufactures electronic devices. One component is the PKT chip. Expected

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=+Tan Ltd has a Singapore plant that manufactures electronic devices. One component is the PKT chip.

Expected demand is for 5270 of these chips in March 2015. Tan Ltd estimates the ordering cost per purchase order to be $100. The monthly carrying cost for one unit of PKT in stock is $0.95.

Required 1 Calculate the EOQ for the PKT chip.

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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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