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ABC company makes 52 orders of chairs in a year and orders 108 chairs each time. The fixed order costs are $435.33 per order and
ABC company makes 52 orders of chairs in a year and orders 108 chairs each time. The fixed order costs are $435.33 per order and the carrying cost per unit is $23.14. The chairs are sold out before they are restocked. What are the carrying costs if the company orders the optimal quantity (Economic Order Quantity)?
ABC Company used an investment bank to do IPO. In IPO, the company sold 22,973 shares at $60 each. The investment bank charged 7% spread. At the end of the 1st day of trading, ABC's stock price closed at $93.
ABC Company sells 47,427 chairs a year. The carrying cost per unit is $7.99 and the fixed costs per order are 106.2 per order. The company orders 324 units each time. The chairs are sold out before they are restocked. What is the economic order quantity?
ABC Company used an investment bank to do IPO. In IPO, the company sold 22,973 shares at $60 each. The investment bank charged 7% spread. At the end of the 1st day of trading, ABC's stock price closed at $93.
ABC Company sells 47,427 chairs a year. The carrying cost per unit is $7.99 and the fixed costs per order are 106.2 per order. The company orders 324 units each time. The chairs are sold out before they are restocked. What is the economic order quantity?
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Step: 1
1 To find the carrying costs when ordering at the economic order quantity EOQ we first need to calculate the EOQ using the formula EOQ sqrt2DSH where ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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