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Higgins Athletic Wear has expected sales of 22,500 units a year, carrying costs of $1.50 per unit, and an ordering cost of $3.00 per order
Higgins Athletic Wear has expected sales of 22,500 units a year, carrying costs of $1.50 per unit, and an ordering cost of $3.00 per order a. What is the economic order quantity? Economic order quantity (EOQ) units b-1. What is average inventory? Average inventory units b-2. What is the total carrying cost? Total carrying cost $ c. What is the total inventory cost? Total inventory cost$ d-1. Assume an additional 30 units will be required as safety stock. What will the new average inventory be? New average inventory units d-2. What will the new total carrying cost be? New total carrying cost $
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