Question
The demand for a product is expected to be 40 units per day (300 working days per year) the cost to carry inventory is 20%
The demand for a product is expected to be 40 units per day (300 working days per year) the cost to carry inventory is 20% of the cost of the item. The cost per unit is R40 and the cost of placing an order is R120. Determine the EOQ?
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Principles of Information Security
Authors: Michael E. Whitman, Herbert J. Mattord
4th Edition
978-1111138219, 1111138214, 978-1285448367
