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Clap Off Manufacturing uses 1,800 switch assemblies per week and then reorders another 1,800. Assume the relevant carrying cost per switch assembly is $5.50 and
Clap Off Manufacturing uses 1,800 switch assemblies per week and then reorders another 1,800. Assume the relevant carrying cost per switch assembly is $5.50 and the fixed order cost is $600.
Calculate the carrying costs.
Calculate the restocking costs.
Calculate the economic order quantity.
Calculate the EOQ number of orders per year.
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