Question: Considering the cost is 1 3 5 0 per unit per year. And the cost of issuing a purchase order for this component is set

Considering the cost is 1350 per unit per year. And the cost of issuing a purchase order for this component is set at 210.
What is EOQ?
What is the total cost during the 20th month?
How many orders will be issues during the 20th month?
Month Demand
1340
2357
3365
4362
5367
6370
7375
8370
9380
10380
11405
12410
13415
14401
15445
16454
17428
18430
19435
20???

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!