1. A company will sell remote control devices online. Expected yearly demand is 3000 units and...
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1. A company will sell remote control devices online. Expected yearly demand is 3000 units and it is sold per 250TL. The controllers can be purchased from supplier A. Ordering cost is 40 TL and annual holding cost is 25% of the price. a. Calculate the economic order quantity for the company. (15 points) b. Calculate the number of orders per year. (5 points) c. List the assumptions of EOQ model that you used to calculate the value in part A. (5 points) 1. A company will sell remote control devices online. Expected yearly demand is 3000 units and it is sold per 250TL. The controllers can be purchased from supplier A. Ordering cost is 40 TL and annual holding cost is 25% of the price. a. Calculate the economic order quantity for the company. (15 points) b. Calculate the number of orders per year. (5 points) c. List the assumptions of EOQ model that you used to calculate the value in part A. (5 points)
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Formula for economic order quantity Square root 2 x annua... View the full answer
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