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Higgins Athletic Wear has expected sales of 2 2 , 5 0 0 units a year, carrying costs of $ 1 . 5 0 per
Higgins Athletic Wear has expected sales of units a year, carrying costs of $ per unit, and an ordering cost of $ per order. a What is the economic order quantity? Economic order quantity EOQ units b What is average inventory? Average inventory units b What is the total carrying cost? Total carrying cost $ c What is the total inventory cost? Total inventory cost$ d Assume an additional units will be required as safety stock. What will the new average inventory be New average inventory units d What will the new total carrying cost be New total carrying cost $
Higgins Athletic Wear has expected sales of units a year, carrying costs of $ per unit, and an ordering cost of $ per order.
a What is the economic order quantity?
Economic order quantity EOQ units
b What is average inventory?
Average inventory units
b What is the total carrying cost?
Total carrying cost
$
c What is the total inventory cost?
Total inventory cost$
d Assume an additional units will be required as safety stock. What will the new average inventory be
New average inventory units
d What will the new total carrying cost be
New total carrying cost
$
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