Question: High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and
High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer
orders are placed, the order is picked and packaged, and then shipped to the customer. A fixed
order quantity inventory control system FQS helps monitor and control these SKUs. The
following information is for one of the calculators that they stock, sell, and ship.
What is the EOQ, what is the total annual order and inventoryholding costs for the EOQ, and what
is the reorder point with safety stock?
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