Question
Big Budget Co. has the following data: Annual inventory demand is 90,000 units. Cost of ordering (including clerical costs, receiving and inspecting costs) is $75.
Big Budget Co. has the following data:
Annual inventory demand is 90,000 units.
Cost of ordering (including clerical costs, receiving and inspecting costs) is $75.
Annual holding costs for inventory are $6 per unit.
Cost of inventory is $10 per unit.
The number of orders in a year (based on existing EOQ) is:
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A Communication Audit Handbook Helping Organizations Communicate
Authors: Seymour Hamilton
1st Edition
0801300614, 978-0801300615
