Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Trektronics store begins each month with 1.200 phasers in stock. This stock is depleted each month and reordered The carrying cost per phaser is
The Trektronics store begins each month with 1.200 phasers in stock. This stock is depleted each month and reordered The carrying cost per phaser is $37 per year and the fixed order cost is $ 565. What is the total carrying cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Carrying costs $ What is the restocking cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Restocking costs $ Calculate the economic order quantity (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Economic order quantity Calculate the optimal number of orders per year (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Number of orders per year Should the company increase or decrease its order size
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started