Question: Given the following information Annual sales in units 30 000 Cost of placing an

Given the following information:
Annual sales in units....... 30,000
Cost of placing an order..... $60.00
Per-unit carrying costs....... $ 1.50
Existing units of safety stock.... 300
a. What is the EOQ?
b. What is the average inventory based on the EOQ and the existing safety stock?
c. What is the maximum level of inventory?
d. How many orders are placed each year?

View Solution:

Sale on SolutionInn
  • CreatedMarch 19, 2015
  • Files Included
Post your question