Question: Joe Henry's machine shop uses 2,460 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following
Joe Henry's machine shop uses
2,460
brackets during the course of a year. These brackets are purchased from a supplier
90
miles away. The following information is known about the brackets:
| Annual demand | 2,460 |
| Holding cost per bracket per year | $1.40 |
| Order cost per order | $19.25 |
| Lead time | 2 days |
| Working days per year | 250 |
Part 2
| a) | What is the EOQ? enter your response here units (round your response to two decimal places). |
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