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Annual Demand for Product C 20,000 Cost of setting up to make Product C $45 Cost of carrying one unit of product C in inventory
Annual Demand for Product C | 20,000 |
Cost of setting up to make Product C | $45 |
Cost of carrying one unit of product C in inventory | $5 |
Currently, McCartney produces 1,000 units of Product C per production run. |
Refer to the information for McCartney Company above. What is the total inventory-related cost at the EOQ? (round the number of setups to the nearest whole number)
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