Using the information for Rapallo Sneakers, Inc. in Problem 38, how much could be saved by ordering

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Using the information for Rapallo Sneakers, Inc. in Problem 38, how much could be saved by ordering the EOQ?


Problem 38

Rapallo Sneakers, Inc. sells a pair of LG sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 45 pairs of shoes are sold per week. The ordering cost is $40 per order, and the annual holding cost is 20 percent of the selling price. If the store operates 50 weeks a year, what can you say about the size of the current order quantity of 250 pairs?

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Related Book For  book-img-for-question

Operations And Supply Chain Management

ISBN: 9780357131695

2nd Edition

Authors: David A. Collier, James R. Evans

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