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Economic Order Quantity Problem Find the EOQ and total cost assuming the following: Price = $150 Annual demand = 2,000 Order cost = $10 Interest
| Economic Order Quantity Problem | ||||||||
| Find the EOQ and total cost assuming the following: | ||||||||
| Price = $150 | ||||||||
| Annual demand = 2,000 | ||||||||
| Order cost = $10 | ||||||||
| Interest = 6% | ||||||||
| Holding cost = $1 | ||||||||
| Lag time = 5 days | ||||||||
| A With constant demand, how many orders will be made in 1 year? | ||||||||
| B With constant demand and lag time of 5 days between order and receipt, how many units will be in stock when you place an order? | ||||||||
| C With constant demand, how many days are between orders? | ||||||||
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Audit Skill Management Ref PPAP ISO 9000 And ISO 14000 Series
Authors: FULBODH CHAUDHARY
1st Edition
1520470843, 978-1520470849
