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Ch 13 Problem A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a
Ch 13 Problem A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $ 3 per chip and ordering cost is $ 120. 1. Dis S is , and H is 2. Calculate EOQ 3. The number of workdays in an order cycle (Q/D x # work days) 4. How many times per year does the store reorder? D/Q 5. What is total cost if EOQ is ordered
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