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Yana Corp's monthly material requirement used in production is 4,050 units. This material costs P180 per unit for a supplier and it requires 5 days
Yana Corp's monthly material requirement used in production is 4,050 units. This material costs P180 per unit for a supplier and it requires 5 days lead time from the date of order to date of delivery. The ordering cost is P120 per order and the carrying cost is 8% of inventory investment per unit. (Use 360 days). Determine the following: 1. EOQ 2. Frequency of order 3. Total inventory cost 4. Reorder point 5. Reorder point if maximum daily usage is 150 units 6. Safety stock NOTE: I need solution on how you get the answer. No solution, not consider as answered
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