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Andrew company is a company that provides stationery products. Every week Andrew company starts with a total stock of 188 units of stationery. This stock

Andrew company is a company that provides stationery products. Every week Andrew company starts with a total stock of 188 units of stationery. This stock will run out and be re- ordered every week. If the carrying cost per unit is $41 and the fixed order cost is $ 210. Assuming 1 year = 52 weeks. Please calculate the following data!

Economic Order Quantity

Total Carrying Cost when EOQ and Q = 188

Total Restocking Cost when EOQ and Q = 188

Does Andrew company have to increase or decrease its order quantity?

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