Our facility uses 2 5 0 0 of an item over a year. This item is purchased
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Question:
Our facility uses of an item over a year. This item is purchased from a supplier kms away. The following is known about the item
Holding cost of the item is: $
Order cost: $
Lead time is: days
Working days per year is
Question :
Given the information above what would be the economic order quantity EOQ
Question :
From part a what would be the average inventory? What would be the annual inventory holding costs?
Question :
From part a how many orders would be made each year? What would be the annual order cost?
Question :
What is the time between orders?
Question :
What is the simple reorder point ROP
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: