A Toy store is trying to calculate an appropriate inventory policy for their most selling product.

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Question:

• Average demand is 100 units per month with an order cost of 16 € per order.

• The cost is 24€ and carrying cost is 1 % per unit/ year.

• Can you help the Toy store management?

1. EOQ If Lead Time is 3 months?

2. The re-order point?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Dec 31, 2023 07:08 AM

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A Toy store is trying to calculate an appropriate inventory policy for their most selling product.

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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