Question: . com is a leading online electronics retailer that operate 3 6 5 days per year. Their new product, the SKYEYES flying home security camera
com is a leading online electronics retailer that operate days per year. Their new product, the SKYEYES flying home security camera is priced at $ and has an annual demand of comma units. The annual holding cost is $ per unit per year and the ordering cost is $ per order. Order lead time from the contract manufacturer is days.
Assume CircuitVillage is currently placing orders in quantities of units. Note that thiscurrent Q of is NOT the Economic Order Quantity and calculate the following.
Average inventory on hand at the current Q
enter your response here unitsRound to nearest whole number
Orders per year at the current Q
enter your response here orders Round to nearest whole number
Annual inventory holding cost at the current Q $
enter your response here per year Round to nearest whole dollar
Annual ordering cost at the current Q $
enter your response here per year Round to nearest whole dollar
Now calculate the Economic Order QuantityEOQ for this item.
EOQ
enter your response here units Round to nearest whole number
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