6-46 Xemex has collected the following inventory data for the six items that it stocks: Item Code...
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6-46 Xemex has collected the following inventory data for the six items that it stocks:
Item Code Unit Cost
($)
Annual Demand
(Units)
Ordering Cost ($)
Carrying Cost As a Percenta ge of Unit Cost 1 10.60 600 40 20 2 11.00 450 30 25 3 2.25 500 50 15 4 150.00 560 40 15 5 4.00 540 35 16 6 4.10 490 40 17 Lynn Robinson, Xemex’s inventory manager, does not feel that all of the items can be controlled. What ordered quantities do you recommend for which inventory product(s)?
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Related Book For
Quantitative Analysis For Management
ISBN: 9789332578692
12th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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