Question
Go Green imports 1000 units of a 3 meter 50mm stainless tubing per year. Management approach you in assistance with the optimal ordering level. Currently
Go Green imports 1000 units of a 3 meter 50mm stainless tubing per year. Management approach you in assistance with the optimal ordering level. Currently placing an order costs N$1500 and the cost to hold a single 50mm stainless tube costs N$3 excluding opportunity cost. The cost per tube is N$500. What is the annual storage cost, based on the economic order quantity?
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Operations management processes and supply chain
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
9th edition
978-0136065760
