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Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 112,500
Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 112,500 units per year, an ordering cost of S12 per order, and carrying costs of $1.20 per unit. a. What is the economic ordering quantity? units Economic ordering quantity b. How many orders will be placed during the year? Number of orders orders c. What will the average inventory be? Average units nventory
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