Assume that Tesco's port-to-port freight for its import activities is $59,358.25 and its import duty is $86,751. Its 40-foot container holds 45,900 boxes. tesco decides to import three 40-foot containers. The total value of the product is $6,196,500 and the price per box is $540. The total cost of importing 3 containers is $4483659. The above is a quarterly intake, with quarterly imports. Then calculate Tesco's EOQ

Answer rating: 100% (QA)

To calculate Tescos Economic Order Quantity EOQ using the given values we can make some assumptions ... View the full answer