Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume putra Company uses 700 units of a product per year on a continuos basis . The product has carrying costs of RM45 per unit

Assume putra Company uses 700 units of a product per year on a continuos basis . The product has carrying costs of RM45 per unit per year and order costs of RM250 per order. It takes 25 days to receive a shipment after an order is placed and the firm requires a safety stock of 6 days usage in inventory. Calculate Putra company's economic order.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Principles And Practices

Authors: Timothy J. Gallagher

9th Edition

1954156103, 978-1954156104

More Books

Students also viewed these Finance questions

Question

=+19.4. Consider weak convergence in LP((0, 1], @, ).

Answered: 1 week ago