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XYZ company is a company that provides stationery products. Every week XYZ company starts with a total stock of 193 units of stationery. This stock
XYZ company is a company that provides stationery products. Every week XYZ company starts with a total stock of 193 units of stationery. This stock will run out and be re-ordered every week. If the carrying cost per unit is $ 44 and the fixed order cost is $ 210. Assuming 1 year = 52 weeks. Please calculate the following data!
A. Economic Order Quantity B. Total Carrying Cost when EOQ and Q = 193 C. Total Restocking Cost when EOQ and Q = 193 D. Does XYZ company have to increase or decrease its order quantity?
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