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The Trektronics store begins each month with 1,100 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is
The Trektronics store begins each month with 1,100 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $35 per year and the fixed order cost is $555. (Enter your answer as directed, but do not round intermediate calculations.) Requirement 1 What is the total carrying cost? Carrying costs Requirement 2: What is the restocking cost? Restocking costs Requirement 3: Calculate the economic order quantity. (Round your answer to 2 decimal places (e.g., 32.16).) Economic order quantity Requirement 4: Calculate the optimal number of orders per year. (Round your answer to 2 decimal places (e.g., 32.16).) Number of orders per year Requirement 5: Should the company increase or decrease its order size? (Click to select)
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