Question: Clap Off Manufacturing uses 1,150 switch assemblies per week and then reorders another 1,150. Assume the relevant carrying cost per switch assembly is $5.50 and
Clap Off Manufacturing uses 1,150 switch assemblies per week and then reorders another 1,150. Assume the relevant carrying cost per switch assembly is $5.50 and the fixed order cost is $625. (Enter your answer as directed, but do not round intermediate calculations.) Required: (a) Calculate the carrying costs. (Round your answer to 2 decimal places (e.g, 32.16)) S 3162.5 Carrying costs Calculate the restocking costs. Restocking costs (b) costs 32800 (c) Calculate the economic order quantity (Round your answer to 2 decimal places (e.g. 32.16) Economic order quantity 3,686.5 (d) Calculate the EOQ number of orders per year (Round your answer to 2 decimal places (0.g 32.16)) Number of orders per year
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