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Cessa runs a glass table manufacturing company. Annual demand for the tables is 100,000. The annual holding cost per unit is $22, and the cost
Cessa runs a glass table manufacturing company. Annual demand for the tables is 100,000. The annual holding cost per unit is $22, and the cost to place an order is $60. Calculate the TOTAL ANNUAL COST. Hint: You will need to calculate the Economic Order Quantity first. YOU MUST Round the EOQ to the next whole unit (no partial units allowed). Write your answer below. Round to the nearest dollar. Commas and dollar signs are allowed, but not necessary. You must show ALL your work on the scratch paper. (Numbers are required, words not necessary.)
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