Question: Clap Off Manufacturing uses 1,700 switch assemblies per week and then reorders another 1,700. Assume the relevant carrying cost per switch assembly is $5.40 and
Clap Off Manufacturing uses 1,700 switch assemblies per week and then reorders another 1,700. Assume the relevant carrying cost per switch assembly is $5.40 and the fixed order cost is $595. (Enter your answer as directed, but do not round intermediate calculations.) Required: (a) Calculate the carrying costs. Carrying costs $ (b) Calculate the restocking costs. Restocking costs $ (c) Calculate the economic order quantity. (Round your answer to 2 decimal places (e.g., 32.16).) Economic order quantity (d) Calculate the EOQ number of orders per year. (Round your answer to 2 decimal places (e.g., 32.16).) Number of orders per year
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