Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sony has a supplier that produces electronic circuit boards for its TV sets. Sopy currently pays $200 for each circuit card. The annual demand is

image text in transcribed
image text in transcribed
Sony has a supplier that produces electronic circuit boards for its TV sets. Sopy currently pays $200 for each circuit card. The annual demand is 30000 cards, It costs Sony $60 to place an ordertand the inventory holding cost is $10 per unit per year. Sony store operates 200 days per year. Hint: all answers are integers. No decimal places are needed. 1. The Optimal Order Quantity (EOQ) is cards. 2. The annual ordering cost is $ 3. The annual holding cost is $ 4. The total puchasing cost is \$ 5. The annual total cost (including the purchasing cost) is $ 6. The expected number of orders is orders per year. 7. The optimal time between orders is days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The General Model Of Working Capital Management

Authors: Rodrigo Zeidan

1st Edition

9811933332, 978-9811933332

More Books

Students also viewed these General Management questions

Question

When sending facsimile messages, what should you consider?

Answered: 1 week ago

Question

OUTCOME 6 Explain and give examples of diversity management.

Answered: 1 week ago