Question: In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is

In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the average inventory for this problem? Show work

A. 89

B. 42

C. 42.55

D. 70.5

E. 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 General Management Questions!

In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $10 per unit per month, what is the economic order quantity?

5) In the basic EOQ model, if D = 6000 per year, S = $150, and holding cost = $15 per unit per month, Unit cost $5, what is the economic order quantity? A) 24 B) 100 C) 141 D) 282 E) 346

i. a. Perform an ABC analysis on the following set of products in Shons company. Item Annual Demand Unit Cost A211 800 $9 B390 100 $90 C003 450 $6 D100 400 $100 E707 85 $2,000 F660 250 $320 G473 500...

1. In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the number of orders for this problem? A) 70.5 B) 141 C) 24 D) 42.55 E) 490 2. The...

In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the number of orders for this problem? Show work A. 12 B. 18.32 C. 24.32 D. 42.55 E. 490

In the basic EOQ model, if EOQ = 100 per year, S = $100, and holding cost = $8 per unit per month, what is the total annual inventory costs? A. 400 B.4800 C.6000 D.9600 E.490

In the basic EOQ model, it D = 600 per year, S = $100, and holding cost = S1 per unit per month, what is the economic order quantity? O A. 490 O B. 600 OC. 141 OD. 24 OE. 100

In the basic EOQ model, if D = 5,028 per year, S = $ 91.3 ; , and holding cost = $ 3.01 per unit per month, what is the economic order quantity?

In the P inventory system, assume that D 6000 per year, S = $100, and holding cost = $6 per unit per month, the maximum inventory level is 100 and the current inventory level is 70, what is the order...

In the Pinventory system, assume that D = 6000 per year, S = $100, and holding cost = $6 per unit per month, the maximum inventory level is 100 and the current inventory level is 70, what is the...

How higher wages affect employees' productivity? Is it a good idea providing a Universal Basic Income to all individuals? Will it cause decrease in employment due to UBI? Will individuals abuse the...

reduce investment in subsidiary by the amount of 2016's interest revere reduce the subsidiary 's beginning retained caraings by the amount of 2016's mterest revenue.. a. Co r the subsidiary's...

Which one of these statements is FALSE about variance analysis? The primary goal of variance analysis is to assign blame for unfavorable results Variance analysis helps managers identify the factors...

This assignment relates to the following Course Learning Requirements (CLR). CLR 1: Investigate programming languages (not already studied in program) and confirm appropriate choice with course...