Ahmad's company sells 80000 unit of electric fans per year in a price of 150$ per unit and cost of 100 $ per unit. Each unit cost the company 35% as a carrying costs. The firm excuting 8 orders per year with cost per order 1300$.

Find the following values :

1- Total inventory costs : ?

2- Economic order quantity EOQ :  ?

3-  Total inventory costs after  applying  the EOQ : ?

Answer rating: 100% (QA)

Given Annual demand D 80000 units Price per unit P 150 Cost per unit C 100 Carrying cost percentage ... View the full answer