Question: Need a help with (b), Thank you Problem 9 Question One of the products sold by OfficeMax is a Hewlett-Packard LaserJet 299 printer. As purchasing
Need a help with (b), Thank you
Problem 9 Question One of the products sold by OfficeMax is a Hewlett-Packard LaserJet 299 printer. As purchasing manager, you have the following information for the printer Click the icon to view the information for the printer a. The EOQ is 12 (Enter your response rounded to the nearest whole number) b. The annual ordering costs and holding costs (ignoring safety stock) for the EOQ is $(Enter your response rounded to the nearest domar) * More Info - X Average weekly demand (52 weeks per year): 72 printers Standard deviation of weekly demand 20 printers Order lead time 4 weeks Standard deviation of order lead time: 0(lead times are constant) Item cost $200 per printer Cost to place an order $1 Yearly holding cost per printer $50 Desired service level during reordering period 95% (z = 1.65) Print Done Enter your answer in the answer box and then click Check Answer, rt A 7 par remaining Clear pplied a cort of Good sold Factory on Defened revenue -unavnet wees sath received fynastaver for service pulStep by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
