Question: I am having a difficult time, calculating the order cost. Louise Manufacturing uses 2,000 switch assemblies per week and then reorders another 2,000. The relevant
I am having a difficult time, calculating the order cost.
Louise Manufacturing uses 2,000 switch assemblies per week and then reorders another 2,000. The relevant carrying cost per switch assembly is $7.50, and the fixed order cost is $1,000. What are the current carrying costs? (Do not round intermediate calculations.) Carrying costs $ 7500 What are the order costs? (Do not round intermediate calculations.) Order costs $ Calculate the economic order quantity (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) EOQ 5266.24
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