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William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D=19500 units/year Ordering cost S=$25/order Holding cost H=$4/unit/year Calculate the EOQ
William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D=19500 units/year
Ordering cost S=$25/order
Holding cost H=$4/unit/year
- Calculate the EOQ for the workbooks.
- What are the annual holding costs for the workbooks?
- What are the annual ordering costs?
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