William Bevilles computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D = 19,500

Question:

William Beville’s computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D = 19,500 units/year

Ordering cost S = $25/order

Holding cost H = $4/unit/year

(a) Calculate the EOQ for the workbooks.

(b) What are the annual holding costs for the workbooks?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...