Question
HORAN sells figurine dolls with unit cost of P500.00. It is estimated that the cost of carrying one doll in inventory for one year is
HORAN sells figurine dolls with unit cost of P500.00. It is estimated that the cost of carrying one doll in inventory for one year is 125. HORAN annual demand is 100,000 figurine dolls. Using the EOQ approach, the optimal number of inventory per batch order or EOQ would be 200. Compute for the total inventory cost.
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Macroeconomics
Authors: Paul Krugman, Robin Wells
4th Edition
1464110379, 9781464110375
