Question
A Toy store is trying to calculate an appropriate inventory policy for their most selling product. Average demand is 100 units per month with
A Toy store is trying to calculate an appropriate inventory policy for their most selling product.
• Average demand is 100 units per month with an order cost of 16 € per order.
• The cost is 24€ and carrying cost is 1 % per unit/ year.
• Can you help the Toy store management?
1. EOQ If Lead Time is 3 months?
2. The re-order point?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
