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The image above is the question. Images below are the corresponding drop down options: insurance, materials handling, breakage, etc.) is $1.20 per unit per year.
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insurance, materials handling, breakage, etc.) is $1.20 per unit per year. The relevant ordering cost per purchase order is $200. Requirement 1. Calculate Turt World's EOQ for the rotor blade part. Begin by selecting the formula used to calculate . (D = Demand in units for one year, P= Ordering cost per purchase order, C= Carrying cost of one unit in stock, Q= Any order quantity) (Round your answer to the nearest whole number.) The EOQ is units. Requirement 2. Calculate Turf World's annual relevant ordering costs for the EOQ calculated in requirement 1. xxAnnualrelevant=carryingcosts= blade part. Determine the formula, then calculate the reorder point. (Enter any calculated number in the formula as a decimal to one decimal place, X.X. Round your answer to the nearest whole number.) arest whole number.) EOQ=QDP+2QCEOQ=C2DPfWorldsannualrelevantorderingcostsfortheEOQcalculatedinrequirement1.Annualrelevant=orderingcosts= EOQ=(1+P)CD blade part. the year and known with certainty so that there is no need for safety stocks. The purchase-order lead time is half a month. Calculate Turf world's reorder point for the rotor ir any calculated number in the formula as a decimal to one decimal place, X.X. Round your answer to the nearest whole number.) blade part. xx==Reorderpoiritunits Begin by selecting the formula used to calculate EOQ,(D= Demand in units for one year, P= Ordering cost per purchase order, C= Carrying cost of one unit in stock, Q= Any order quantity) (Round your answer to the nearest whole number.) The EOQ is unitsStep by Step Solution
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