Question: explain Based on the current order size (Q = 100) calculate the Annual Ordering Cost Annual Holding Cost, and Total Inventory Cost. Annual Ordering Cost

explain
explain Based on the current order size (Q = 100)
explain Based on the current order size (Q = 100)
Based on the current order size (Q = 100) calculate the Annual Ordering Cost Annual Holding Cost, and Total Inventory Cost. Annual Ordering Cost = 1485 KWD Annual Holding Cost = 800 KWD Total Inventory Cost = KWD Find the BEST order size for the company (E0Q), then recalculate the Annual Ordering Cost, Holding Cost, and Total Inventory Cost based on the EOQ, Q" for EOQ) units Ordering Cost = KWD Holding Cost = KWD Total Inventory Cost = KWD X-Cite Electronics sells many products including TV's, cellphones, video games etc. One of its products is the Samsung 55" QLED TV, which costs X-Cite 330 KWD to buy from Samsung, and they sell it for 400 KWD. Their total demand for 2021 is forecasted to be 3250 units. They currently order in quantities of 100 units per order. The cost of making an order and delivering it is fixed at 45 KWD per order, and it takes 2 days for the order to arrive from one of Samsung's warehouses. The store is open for 360 working days per year. Annual holding cost is estimated to be 16 KWD per unit. The store is not sure if this order is the best option and wants to see if they can save money by changing order size and frequency of ordering. First, identify all the important variables from the

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