Big Budget Co. has the following data: Annual inventory demand is 90,000 units. Cost of ordering (including
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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.
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:
Select one:
a.165 orders p.a.
b.750 orders p.a.
c.78 orders p.a.
d.60 orders p.a.
Posted Date: