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Please answer the following questions: Angel Enterprises uses 5,240 machine parts per month and then reorders another 5,240 .The relevant carrying cost per machine part
Please answer the following questions:
Angel Enterprises uses5,240machine parts per month and then reorders another5,240.The relevant carrying cost per machine part is$10.55, and the fixed order cost per order is$1,730. (Show all calculations, responses can be uploaded as an image)
- Calculate the total carrying costs. (1 point)
- Calculate the total restocking costs. (1 point)
- What is the EOQ for Angel Enterprises? (2 points)
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