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A company makes beaded necklaces and spends $ 7 5 , 0 0 0 per year to hold beads in inventory and $ 5 5
A company makes beaded necklaces and spends $ per year to hold beads in inventory and $ per year to order the beads from the supplier. The beads fit the requirements for the economic order quantity inventory model. What can you say about the way this company is managing the inventory of beads? Slide
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The company should decrease the number of beads it orders per year
The company should increase its order size to decrease its ordering cost
The company is ordering the economic order quantity
The company should increase the number of beads it orders per year
The company should decrease its order size to decrease its holding cost
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