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SamaCell has a demand of 2,000 cells per year. The cost of each unit is $80, and the inventory carrying cost is $10 per unit
SamaCell has a demand of 2,000 cells per year. The cost of each unit is $80, and the inventory carrying cost is $10 per unit per year. The average ordering cost is $30 per order. It takes about two days for an order to arrive and there are 250 working days per year. Round to two decimal places. a) What is the EOQ? units. b) What is the average inventory if the EOQ is used? units. c) What is the optimal number of orders per year? orders. What is the optimal number of days in between any two orders? d) days. e) USD. What is the annual cost of ordering and holding inventory? What is the reorder point (ROP)? +)
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