Question: EOQ the Trektronics store begins each week with 675 phasers in stock. This stock is depleted each week and reordered. If the carrying cost per
EOQ the Trektronics store begins each week with 675 phasers in stock. This stock is depleted each week and reordered. If the carrying cost per phaser is $67.75 per year and the fixed order cost is $310, what is the total carrying cost? What is the restocking cost? Should the company increase or decrease its order size? Describe an optimal inventory policy for the company in terms of order size and order frequency.
please do not copy from chegg. otherwise i have to report the answer.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
