The following information relates to material B42000. Annual requirements: 144,000 units Ordering costs: 12500 Annual holding costs:

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The following information relates to material B42000.

Annual requirements: 144,000 units

Ordering costs: 12500

Annual holding costs: 20% of purchase price

Purchase price per unit: 500

Required:

i) The Economic Order Quantity. (6 Marks)

ii) The number of orders needed per year. (4 Marks)

Posted Date: May 13, 2024 07:24 AM

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The following information relates to material B42000. Annual requirements: 144,000 units Ordering costs: 12500 Annual holding costs:

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