Question: can someone help Given the following data for a particular Inventory Item: Demand: Ordering Cost: Holding Cost Lead Time: Price: 500 units per month $30

can someone help

Given the following data for a particular Inventory Item: Demand: Ordering Cost: Holding Cost Lead Time: Price: 500 units per month $30 per order $1 per unit per year 1.5 months $7.99 per unit 360 working days in a year For the economic order quantity, what is the total annual ordering cost? Multiple Choice $2546.8 $300 $1034.48 $2000 $150

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Given the following data for a particular inventory item: Demand Ordering Cost Holding Cost Lead Time Price: 500 units per month $30 per order $1 per unit per year 1.5 months $7.99 per unit 360...

Given the following data for a particular inventory item: USAGE: ORDERING COST: HOLDING COST: LEAD TIME: PRICE: 500 units per week $40 per order I cent per unit each week 3 weeks 50 cents per unit...

need help asap please Given the following data for a particular inventory item: USAGE: ORDERING COST: HOLDING COST: LEAD TIME: PRICE: 500 units per week $40 per order 1 cent per unit each week 3...

Q1: Given the following data for a particular inventory item: Usage Ordering Cost Carrying Cost Lead Time Price 500 Units/weck $40 per order $0.01 per unit per week 3 Weeks $ 50 per Unit a. What is...

Given the following data for a particular inventory item: Your usage of a given inventory item is 500 units per week. The ordering cost is $40 per order, and the carrying costs are one cent per unit...

Given the following data for a partlcular Inventory Item: Demand: Orcerlng cost Holding Cost Leac Time: 5 0 0 units per month S 3 0 per orcer $ 1 per unlt per year IS montns $ 7 9 9 per unit 3 6 0...

Given the following data for a particular inventory item: Usage Ordering Carrying Cost Lead Time Price 500 units/week $40 per order $.01 per unit per week 3 weeks $.50 per unit For the economic order...

Given the following data for a particular inventory item: Demand: 500 units per month Ordering Cost: $30 per order Holding Cost: $1 per unit per year Lead Time: 1.5 months Price: $7.99 per unit 360...

Given the following data for a particular inventory item: Demand: 5 0 0 units per month Ordering Cost: $ 3 0 per order Holding Cost: $ 1 per unit per year Lead Time: 1 . 5 months Price: $ 7 . 9 9 per...

Easy Carwash is a small local shop offering premium hand car washing services, including express wash and ultimate clean. Prevailing prices in the local market are $30 for an express wash, exterior...

You are a manager at Glass Inc.a mirror and window supplier. Recently, you conducted a study of the production process for your single- side encapsulated window. The results from the study are...

What are the determinants of growth?

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...