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1. 2. 3. 4. If D=7,600 per month, S=$43 per order, and H=$1.50 per unit per month, a) What is the economic order quantity? The
1. 2. 3. 4.
If D=7,600 per month, S=$43 per order, and H=$1.50 per unit per month, a) What is the economic order quantity? The EOQ is units (round your response to the nearest whole number). Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 35% of the $12 unit cost and that annual demand is about 240 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its action be optimal? a) For what value of ordering cost would its action be optimal? Its action would be optimal given an ordering cost of $ per order (round your response to two decimal places). Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,800 units. Southeastern estimates its annual holding cost for this item to be $24 per unit. The cost to place and process an order from the supplier is $76. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) What is the economic order quantity? units (round your response to the nearest whole number). a) The EOQ for the workbooks is (round your response to the nearest whole number)Step by Step Solution
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