Question: HELP PLEASE [ Chapter 1 2 ] EOQ Model A local distributor expects to sell 3 2 , 0 0 0 units of an electrical
HELP PLEASE Chapter EOQ Model A local distributor expects to sell units of an electrical device per year. These electrical devices are purchased from a supplier in a different state. The following information is known about the problem: Annual demand, D units Holding cost per unit per year. H $ Ordering cost per order, S $ Number of working days per year Write your final answer only without intermediate steps for the fillintheblank questions.Question points The economic order quantity EOQ units. Round the final answer if it is not an integer to the nearest integer. Question points Based on the EOQ, the average inventory A units, Round the final answer if it is not an integer to the nearest integer Question points The optimal number of orders per year A orders. Round the final answer if it is not an integer to the nearest integer.Question points Total annual inventory cost excluding the purchase cost $ A Round the final answer if it is not an integer to the nearest integer. Question points If the management decides to order units instead of the EOQ quantity obtained above per order, the total annual inventory cost excluding the purchase cost $ A Round the final answer if it is not an integer to the nearest integer.
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
