BIS $963$ OPERATIONS MANAGEMENT

Assignment $8($Inventory Management$)$

The Problem:

ABC Electronics stocks a certain switch connector at its

central warehouse for supplying Natural gas fields service

offices. The yearly demand for these connectors is

$200,000$ units. The company estimates its annual holding

cost for this item to be L$.$E$.250$ per unit. The cost to place

and process an order from the supplier is L$.$E$.65.$ The

company operates $300$ days per year, a