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Diagnostic Supplies has expected sales of 152,100 units per year, with carrying costs of $4 per unit and ordering cost of $8 per order. a. What is the economic order quantity? b-1. What is the average inventory? b-2. What is

Diagnostic Supplies has expected sales of 152,100 units per year, with carrying costs of $4 per unit and ordering cost of $8 per order.

a. What is the economic order quantity?



b-1. What is the average inventory?



b-2. What is the total transportation cost?



Assume that an additional 40 units of inventory will be required as safety stock.

c-1. What will be the new average inventory?



c-2. What will be the new total transportation cost?

  • Expert Answer

a Annual Demand Carrying cost Order cost per order Eco View the full answer


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Foundations of Financial Management

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: March 22, 2023 05:23:49
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