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d. The ordering costs and the carrying costs of the three classes of inventory are given in Table T1b. Calculate the annual cost of stock
d. The ordering costs and the carrying costs of the three classes of inventory are given in Table T1b. Calculate the annual cost of stock of Frank's Fasteners, if the company follows EOQ for ordering the items. Class A Ordering Costs per Carrying Costs (C) Order (S) in 2.00 10% of Item Cost/Year 1.50 12% of Item Cost/Year 1.00 15% of Item Cost/Year Table T1b - Inventory Costs B
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