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.I am having a difficult time, calculating the order cost. Louise Manufacturing

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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!