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The annual requirement of a part is 3 6 0 , 0 0 0 units. The order cost is $ 1 2 0 per order,
The annual requirement of a part is units. The order cost is $ per order, the holding rate is percent and the part cost is $ per unit. What are the a EOQ, b annual holding cost, c annual order cost, and d annual total inventory cost? Also If the company decided to order at a lot size of units instead of the EOQ quantity, what is the annual holding cost? If the company decided to order at a lot size of units instead of the EOQ quantity, what is the annual order cost round to two decimal places If the company decided to order at a lot size of units instead of the EOQ quantity, what is the total annual inventory cost round to two decimal place
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