A company produces two products, A and B$.$ The annual demand for product A is $12,000$ units, and for product B is $18,000$ units. The setup cost for production is $$800,$ and the holding cost per unit per year is $$10$ for both products. Calculate the Economic Order Quantity $($EOQ$)$ for each product.

Answer rating: 100% (QA)

Given the annual demand setup cost and holding cost for each product we can calculate the Economic O... View the full answer