Question: Jon Henry's machine shop uses 2520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away. The following

Jon Henry's machine shop uses 2520 brackets
Jon Henry's machine shop uses 2520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away. The following information hown about the brackets Annual demand 2,520 Holding cost per bracket per year $130 Order cost per order $19.00 Lead time 2 days Working days per year 250 a) What is the EOQ? uns fround your response to two decimal placea) byWhat is the weaga invertory the EOQ is used units round your response to two decimal place What would be the annual inventory holding cours fround your response to wo decimal places) Cliven the E00, how many orders will be made annual orders (round your response to two decimal What would be the annual evde otround your response to two decimal place) dive what is the total anual cost of managing (ordering and holding the inventory? 5 found your response to two deama What is the time between orders days fround your response to two deca/ places What is the word point (ROPA its fround your retoonse to two compa)

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!