An SKU has an annual demand of 10,000 units, each costing $10, ordering costs are $200 per
Question:
An SKU has an annual demand of 10,000 units, each costing $10, ordering costs are $200 per order, and the cost of carrying inventory is 20%. Calculate the EOQ in units and then convert to dollars.
LO.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Materials Management
ISBN: 9780132337618
6th Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
Question Posted: