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Annual demand = 15,000 units Production rate = 2500 units / month Setup cost = $500 Annual holding cost = $15 per unit Lead time

Annual demand = 15,000 units Production rate = 2500 units / month Setup cost = $500 Annual holding cost = $15 per unit Lead time = 15 days Number of operating days per month = 20 1 - Determine adjusted Economic Production Quantity. 2. Determine Maximum Inventory. 3. Determine Adjusted Total Cost. 4. Determine Reorder Point. 5. Determine Reorder Point with Safety Stock of 300 units

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