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good inventory control is crucial. 2 . A local distributor for a national parts expects to sell approximately 9 , 6 0 0 units radial
good inventory control is crucial.
A local distributor for a national parts expects to sell approximately units radial parts of a certain size and tread design next year. Annual carrying cost is RM unit per year and ordering cost is RM The distributor operates days per year.
a What is the Economic Order Quantity EOQ Hint: QDSQ
b How many times per year does the store reorder? Hint: DQ
c What is the length of an order cycle? Hint: QD
d What is the total annual cost if the EOQ quantity is orders?
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