Juicy Patties uses 3,500 units of flour mix per year which it stores at $0.70 per...
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Juicy Patties uses 3,500 units of flour mix per year which it stores at $0.70 per unit per annum. The cost to place an order is $100. Calculate: i. The economic order quantity (EOQ) ii. The number of orders a. b. If the company decides to make the flour mix on its own machine with a potential capacity of 4,000 units per year, calculate: i. the batch order quantity (BOQ) ii. the annual ordering cost iii. the annual carrying cost Juicy Patties uses 3,500 units of flour mix per year which it stores at $0.70 per unit per annum. The cost to place an order is $100. Calculate: i. The economic order quantity (EOQ) ii. The number of orders a. b. If the company decides to make the flour mix on its own machine with a potential capacity of 4,000 units per year, calculate: i. the batch order quantity (BOQ) ii. the annual ordering cost iii. the annual carrying cost
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Answer rating: 100% (QA)
A Calculate i The economic order quantity EOQ EOQ 2 D S H Where D Annual demand 3500 units S Cost to ... View the full answer
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Posted Date:
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