Question: 3 Answer questions 3 to 7 based on the following problem Medro & Mariana were trying to set up an inventory system for the
3 Answer questions 3 to 7 based on the following problem Medro & Mariana were trying to set up an inventory system for the coffee beans th They came up with the following information: Annual demand = 15000 bags Holding cost = Ordering Cost = 75 KD per order Number of working days per year = 300 days Lead time %3D 25 KD per bag per year %3D = 2 days Current order quantity = 600 bags/order %3D What is the economic order quantity (EOQ) for the bags of coffee beans ? (5 Points) a. 100 bags/order b. 200 bags/order O c. 300 bags/order O d. 400 bags/order e. None of the above
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Ans 3 c 300 bagsorder Explanation Annual Dema... View full answer
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