A company is attempting to determine the economic order quantity for glass used in the production...

 

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A company is attempting to determine the economic order quantity for glass used in the production of windows. 3,000 ponds of glass were used at a constant rate last period. Each order represents an ordering cost of $50. Carrying costs are $30 per pond over the 100-day planning period. A-What is the economic order quantity? B-The company has determined that it takes only 5 days to receive the order of glass after the placement of the order. When should the company order more glass? A company is attempting to determine the economic order quantity for glass used in the production of windows. 3,000 ponds of glass were used at a constant rate last period. Each order represents an ordering cost of $50. Carrying costs are $30 per pond over the 100-day planning period. A-What is the economic order quantity? B-The company has determined that it takes only 5 days to receive the order of glass after the placement of the order. When should the company order more glass?

Answer rating: 100% (QA)

Answer A Lets calculate the economic order quantity EOQ for the glass Information Deman... View the full answer