Question: A company will begin stocking remote control devices expected monthly demand is 8 5 0 units. The controls will be purchased from RCP supplier offering
A company will begin stocking remote control devices expected monthly demand is units. The controls will be purchased from RCP supplier offering price price for quantities. RCB price list is given here.
$
$
infinity $
What is the feasible quantity?
What is the total annual ordering cost?
What is the total annual holding cost. What is the total annual material cost? What is the total annual cost at this quantity?
What is the most economical quantity to order?
What is the savings in total annual cost at this quantity?
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