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hw5 Clap off manufacturing uses 2,400 switch assemblies per week and the reorders another 2,400. Assume the relevant carrying cost per switch assembly is $6.10
hw5
Clap off manufacturing uses 2,400 switch assemblies per week and the reorders another 2,400. Assume the relevant carrying cost per switch assembly is $6.10 and the fixed order cost is $565.
a. Calculate the carrying costs. round to whole number
b. Calculate the restocking costs. round to whole number
c. Calculate the economic order quantity. round to 2 decimal places.
d. Calculate the EOQ number of orders per year. round to 2 decimal places
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