Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Holden Glass Company is a distributor of car windscreens. Holden is experiencing an annual demand of 12,000 windscreens per year. The purchase price of each
Holden Glass Company is a distributor of car windscreens. Holden is experiencing an annual demand of 12,000 windscreens per year. The purchase price of each windscreen is $400.Placing an order costs $495 and annual carrying costs are $11 per unit. Holden works 6-day week and 50 weeks each year. Six working days are required from the time the order is placed with the supplier until it is received. What is the economic order quantity for windscreens (rounded to the nearest whole number)?
23
1080000
1039
735
1139
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started