Question: Benitez Security Systems has an annual demand for camera security systems of 1471 units. The cost of typical camera security systems is $ 507. The
Benitez Security Systems has an annual demand for camera security systems of 1471 units. The cost of typical camera security systems is $ 507. The handling cost is estimated at 14% of the unit cost and the ordering cost is $ 31 for each order. If the owner orders quantities of 250 or more, he can get a 5% discount on the cost of the camera security systems. The company operates 300 days a year and the waiting time to receive an order from the supplier is 10 business days. (10 points) 1. What is the economic order quantity (EOQ) without discount?
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