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Calculate the EOQ Calculate reorder point Palawan enterprise makes small bicycle back rack specifically for bicycle enthusiast. The company buys the steel logo which come
Calculate the EOQ
Calculate reorder point
Palawan enterprise makes small bicycle back rack specifically for bicycle enthusiast. The company buys the steel logo which come in sets from an external supplier at RM4 per set. Palawan require 10 sets per working day with an annual demand for 4,000 sets. The unit carrying cost per year is RM0.50. The cost per order is RM8. There are 250 working days in a year. On an average Palawan carries 50 units safety stock. The lead time is 10 working days.
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Introduction To Materials Management
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
8th edition
9386873249, 134156323, 978-9386873248
