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Thomas Kratzer is the purchasing manager for the headquarters of a large insurance con inventory operation. Thomas's fastest - moving inventory item has a demand
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance con inventory operation. Thomas's fastestmoving inventory item has a demand of units unit is $ and the inventory carrying cost is $ per unit per year. The average ordering about days for an order to arrive, and the demand for week is units. This is a col working days per year
a What is the EOQ? units round your response to two decimal places
b What is the average inventory if the EOQ is used? units round your response to
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