Question
300=2(9,600)(75)/H 300 equals square root of 2 times 9,600 times 75, divided by H What is H? H is 16, however, I'm not sure how
300=2(9,600)(75)/H
"300 equals square root of 2 times 9,600 times 75, divided by H"
What is H?
"H" is 16, however, I'm not sure how to get that.
The numbers come from this: A local distributor for a national tire company expects to sell approximately 9,600 steel-belted radial tires of a certain size and tread design next year. Annual carrying cost is $16 per tire, and ordering cost is $75. The distributor operates 288 days a year.
***The formula above is for EOQ but I want to be able to find the problem I first mentioned in case holding cost/carrying cost "H", is not mentioned.
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