Question
Clap Off Manufacturing uses 2,100 switch assemblies per week and then reorders another 2,100. Assume the relevant carrying cost per switch assembly is $5.80 and
Clap Off Manufacturing uses 2,100 switch assemblies per week and then reorders another 2,100. Assume the relevant carrying cost per switch assembly is $5.80 and the fixed order cost is $615. (Enter your answer as directed, but do not round intermediate calculations.)
Required: (a) Calculate the carrying costs.
Carrying costs $
(b) Calculate the restocking costs.
Restocking costs $
(c) Calculate the economic order quantity. (Round your answer to 2 decimal places (e.g., 32.16).
Economic order quantity
(d) Calculate the EOQ number of orders per year. (Round your answer to 2 decimal places (e.g., 32.16).)
Number of orders per year
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