Question: answer for me this question please. - 166YES) - 4 365 by do Decor Ltd has the following figures regarding its inventory1125 Cost price per

answer for me this question please.
- 166YES) - 4 365 by do Decor Ltd has the following figures regarding its inventory1125 Cost price per unit NSSO per unit Storage cost per unit per year Weekly demand (usage) Normal delivery timex Insurance cost per unit per year N$5 per unit Interest rate Ordering cost for 2 orders 5 000 units Safety stock There are 50 normal working weeks per year, and four weeks in one month N$5 per unit 2.000 units 2.5 weeks N$80 REQUIRED: 3.1.1 Calculate the economic order quantity (EOQ) 3.1.2 Calculate the number of orders per year 3.1.3 Determine the ordering cost per year 3.1.4 Determine the total inventory cost for the year
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
