Question: General: In case in any, kindly round-off your answer into 2 decimal places. Prob 1. The following inventory data have been established for ABC Company

General: In case in any, kindly round-off your answer into 2 decimal places.

General: In case in any, kindly round-off your answer into 2 decimalplaces. Prob 1. The following inventory data have been established for ABC

Prob 1. The following inventory data have been established for ABC Company Orders must be placed in multiples of 500 units Annual sales are 720,000 units Purchase price per unit from supplies is P14 Carrying cost is 30% of the purchase price of goods Fixed order cost is P236.25 xxxxx Prob 2. Assume the following data (use 300 working days): Annual demand 78,000 units Carrying cost 25% of inventory value Purchase price P 3.84/unit Ordering cost P260 per order Safety stocks 1,800 units Delivery time 20 days Required: Compute EOQ, total inventory costs and re-order point

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