Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Emil traders, Inc sells cellphone cases which it buys from a local manufacturer. Emil Traders sells 24,000 cases evenly throughout the year. The cost
Emil traders, Inc sells cellphone cases which it buys from a local manufacturer. Emil Traders sells 24,000 cases evenly throughout the year. The cost of carrying one unit in inventory for one year is P11.52 and the order cost per order is P38.40 6. What is the economic order quantity? a. 400 b. 283 c. 200 d. 625 7. If Emil Traders would buy in economic order quantities, the total order costs is a. 921,600 b. 2,304 c. 76,800 d. 460,800 8. If Emil Traders would pay in economic order quantities, the total inventory carrying costs per year is a. 276,480 b. 2,304 c. 23,040 9. The following is available for Edgar Corporation's Material X Annual usage 12,600 units Working days in a year 360 days Normal lead time 20 days the units of material X are required evenly throughout the year. What is the reorder point? a. 35 days d. 138,240 b. 20th day c. 700 units d. 630 units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started