Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Trektronics store begins each month with 775 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is

The Trektronics store begins each month with 775 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $23 per year and the fixed order cost is $495. 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? (Click to select)IncreaseDecrease

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elliot Wave Techniques Simplified How To Use The Probability Matrix To Profit On More Trades

Authors: Bennett A. McDowell

1st Edition

0071819304,0071819312

More Books

Students also viewed these Finance questions

Question

=+1. What does healing mean to you now?

Answered: 1 week ago

Question

=+6. What does a good workplace look like to you?

Answered: 1 week ago