Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 5 1 pts ABC company makes 23 orders of chairs in a year and orders 7.947 chairs each time. The foed order costs are
Question 5 1 pts ABC company makes 23 orders of chairs in a year and orders 7.947 chairs each time. The foed order costs are $479.77 per order and the carrying cost per units 515.82 The chairs are sold out before they are restocked. What are the shortage costs of the company orders the optimal quantity Economic Order Quantity? Enter your answer rounded off to two decimal points. Do not enter comma or in the answer box Question 6 1 pts ABC company makes 36 orders of chairs in a year and orders 316 chairs each time. The foed order costs are $756.22 per order and the carrying cost per unit 569.3 The chairs are sold out before they are restocked. What are the carrying costs if the company orders the optimal quantity (Economic Order Quantiti? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box Submit No new dit tochecida
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started