Company XYZ uses 20,000 units of components. The ordering cost is RM 100 per component/year and the
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Question:
Company XYZ uses 20,000 units of components. The ordering cost is RM 100 per component/year and the cost of storing is RM 0.50 per component/unit/year .Find
a) EOQ
b) the reorder point
c) the ordering cost
d) the carrying cost
e) total inventory cost
f) the number of times an order is made per year
g) reorder cycle
h) maximum inventory level
Expert Answer:
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