michael's mechanical sells 6,000 jettison machines annually. each machine costs $2,000 to purchase, inventory carrying cost are

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michael's mechanical sells 6,000 jettison machines annually. each machine costs $2,000 to purchase, inventory carrying cost are 30% of the purchase price, and the cost of placing an order with its supplier is $120. a what is the EOQ? b what is the total inventory cost at the EOQ?

Posted Date: Jul 10, 2024 06:19 AM

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michael's mechanical sells 6,000 jettison machines annually. each machine costs $2,000 to purchase, inventory carrying cost are

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