Question
Queen Manufacturing uses 3,400 switch assemblies per week and then reorders another 3,400. The relevant carrying cost per switch assembly is $14.50 and the fixed
Queen Manufacturing uses 3,400 switch assemblies per week and then reorders another 3,400. The relevant carrying cost per switch assembly is $14.50 and the fixed order cost is $1,700.
a. What is the current carrying cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
b. What is the order cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
c. What is the EOQ? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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