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Redan Manufacturing uses 3,200 switch assemblies per week and then reorders another 3,200. The relevant carrying cost per switch assembly is $13.50, and the fixed
Redan Manufacturing uses 3,200 switch assemblies per week and then reorders another 3,200. The relevant carrying cost per switch assembly is $13.50, and the fixed order cost is $1,600.
What is the current carrying cost?
Carrying cost $
What is the order cost?
Order cost $
Calculate the economic order quantity. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
EOQ
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