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Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the reorder point monthly sales: 4,000
Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the reorder point monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $189.00 per purchase order relevant annual carrying costs: $15.00 pair safety stock definitely required: 200 pairs stockout costs: $48 per stockout 952 1,152 1,252 1,052
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