During the current pandemic, demand for health equipment is increasing. For this reason, the Prima company plans to increase profits through efforts to manage their inventory. If it is known that the demand for antibody test kits is 10,000 per year with a storage cost of Rp. 500 per unit and an ordering fee of Rp. 100,000.

Determine:

1.     EOQ, 

2. Order Frequency

3. Order Time If it is known that the working time per year is 250 days

4. Minimum total annual charge (TIC),

5. Total annual ordering cost (TOC),

Total Annual Savings Cost (TCC), 

Answer rating: 100% (QA)

Answer To solve this problem we will use the Economic Order Quantity EOQ model Given information Dem... View the full answer