A local distributor for a national tire company expects to sell approximately 9,780 tires of a...
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A local distributor for a national tire company expects to sell approximately 9,780 tires of a certain size and tread design next year. Annual carrying cost is $17 per tire and ordering cost is $76. The distributor operates 288 days a year. a. What is the EOQ? (Round your answer to a whole number.) EOO b. How many times per year does the store reorder? (Round your answer to two decimal points.) Number of Orders per Year c. What is the length of an order cycle? (Round your answer to two decimal points.) Length of Order Cycle d. What will the total annual carrying and ordering cost be if the EOQ quantity is ordered? (Round your answer to a whole number.) Total Annual Inventory Cost A local distributor for a national tire company expects to sell approximately 9,780 tires of a certain size and tread design next year. Annual carrying cost is $17 per tire and ordering cost is $76. The distributor operates 288 days a year. a. What is the EOQ? (Round your answer to a whole number.) EOO b. How many times per year does the store reorder? (Round your answer to two decimal points.) Number of Orders per Year c. What is the length of an order cycle? (Round your answer to two decimal points.) Length of Order Cycle d. What will the total annual carrying and ordering cost be if the EOQ quantity is ordered? (Round your answer to a whole number.) Total Annual Inventory Cost
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Given dat a Annual demand D 9780 times Carring cast Ch 17 per litre Orde... View the full answer
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