Question
Clap Off Manufacturing uses 1,500 switch assemblies per week and then reorders another 1,500. Assume the relevant carrying cost per switch assembly is $5.20 and
Clap Off Manufacturing uses 1,500 switch assemblies per week and then reorders another 1,500. Assume the relevant carrying cost per switch assembly is $5.20 and the fixed order cost is $585. Calculate the carrying costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Carrying costs $ Calculate the restocking costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Restocking costs $ Calculate the economic order quantity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Economic order quantity Calculate the EOQ number of orders per year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Number of orders per year
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