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Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly sales: 4,000 pairs purchase
Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ
monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/ pair stockout costs: $48 per stockout safety stock definitely required 100 pairs
1,000 pairs | |
289 pairs | |
1,100 pairs | |
389 pairs |
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