Question
FRA manufacturing company purchase 9,000 units of part 3bx each year. The cost of placing an order is $5 and the cost of carrying one
FRA manufacturing company purchase 9,000 units of part 3bx each year. The cost of placing an order is $5 and the cost of carrying one part in inventory for a year is $1. What is the economic order quantity for part 3bx if the company carries a safety stock of 20 units? How many order will the company need to place each year?
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Investments
Authors: Zvi Bodie, Alan J. Marcus, Alex Kane
6th Edition
0072861789, 9780072861785
