Question: please answer a through e. thank you You're a buyer for Quality Kitchen Appliances. The store has a demand for 50 toaster ovens per month.

please answer a through e. thank you please answer a through e. thank you You're a
You're a buyer for Quality Kitchen Appliances. The store has a demand for 50 toaster ovens per month. The cost of each toaster is $47.00. The ordering cost is $32 per order. The holding cost is 20% of the cost of the oven per unit per year. a. What is the optimal ordering quantity? (Select] b. How many orders will be placed per year? [Select] c. What is the total annual cost, including the cost of the toasters? $ [Select) d. If the holding cost increases to 25% of the unit cost of the oven, what is the new EOQ? [ Select , and the new total annual cost? $ Select) e. Suppose the store manager purchases 90 ovens per order instead of the EOQ. What impact will the 90-unit order size have on the firm's total annual cost? (Note: holding cost remains at 25%) $ Select)

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!