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In-Fashion Sdn Bhd designs and produces handbags for local market. One of the accessories used on its handbags is a high quality alloy attachments. These

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In-Fashion Sdn Bhd designs and produces handbags for local market. One of the accessories used on its handbags is a high quality alloy attachments. These attachments are purchased by the company from a supplier at RM4.00 per set. The company requires 10 sets per working day. ? The annual demand is 4,000 sets. The holding cost per set per year is 50 sen. The ordering cost is RM8.00 per order. There are 250 working days in a year. Lead time is 10 working days. ? Prepare a table showing the ordering cost, holding cost and total costs associated with stocks for order sizes of 40, 160, 400, 800 and 4,000 sets. Use the EOQ formula to compute the EO

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