Question
(URGENT) PoMA annually consumes 10,000 units of component P. The carrying cost of this component is Rs.2 per unit per year and the ordering costs
(URGENT) PoMA annually consumes 10,000 units of component P. The carrying cost of this component is Rs.2 per unit per year and the ordering costs are Rs.100 per order. PoMA uses an order quantity of 500 units. The company operates 200 days per year, and the lead time for ordering component P is 14 days. What is the re-order point (in terms of units)?
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Accounting And Finance
Authors: Michael J. Jones
1st Edition
1118932072, 9781118932070
