1. What are good estimates of order cost and inventory holding cost? 2. What is the EOQ...
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2. What is the EOQ and reorder point for Strike Disinfectant given your answer to Question 1?
3. Compute the total order and inventory holding costs for the Q and r system and compare to their current order Q's.
4. What are your final recommendations? Explain. Justify.
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1 See Excel Model Order cost estimate 1500 per order Inventory Carrying Cost 224 if item value Ask an accounting major to develop these costs in class The topic of what types of costs do the EOQ model ...View the full answer
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Related Book For
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans
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