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Prasad's Computer Training School in Lautoka stocks workbooks with the following characteristics: Demand D= 19,500 units/year Ordering cost S= $25/order Holding cost H= $4/unit/year a)Calculate
Prasad's Computer Training School in Lautoka stocks workbooks with the following characteristics:
Demand D= 19,500 units/year Ordering cost S= $25/order Holding cost H= $4/unit/year
a)Calculate the EOQ for the workbooks. (5 marks)
b)What are the annual holding costs for the workbooks? (5 marks)
What are the annual ordering costs? (5 marks)
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