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Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier who charges Company
Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier who charges Company C&A $30 per order and $50 per bottle. Company C&A's annual holding cost percentage is 40%. Assume Company C&A operates 50 weeks in a year
1) What should C&A's EOQ for this item be?
2) What is C&A's total annual cost using this EOQ?
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