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International Diesel Machine (IDM) purchases 40350 premium oil filters each year at a price of $ 4.48 per unit. The ordering cost is $ 10
International Diesel Machine (IDM) purchases 40350 premium oil filters each year at a price of $ 4.48 per unit. The ordering cost is $ 10 per order, and the annual holding cost is estimated at 0.28 of the unit value. The supplier to IDM will increase his unit price from $4.48 to $ 4.90 on 1 July What would be the economic order quantity once parts from the special order end? Remember that you put an order on June 30 before the price increase is effective if the stock position is 482 units
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