Question: A local electronics store expects to sell 400 White projectors (with PH550 Portable DLP as reference) each semester during next year. The annual carrying cost

A local electronics store expects to sell 400 White projectors (with PH550 Portable DLP as reference) each semester during next year. The annual carrying cost is $20 per TV, and the annual ordering cost in one time is $50. The company operates 360 days a year.

1) What is the EOQ?

2) How many times per year does the store reorder?

3) What is the length of an order cycle as fraction of a year in number of days?

4) What is the total annual cost if the EOQ quantity is ordered?

5) The unit price is equal to $200, what is the new total annual cost?

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