Question: Please show all calculations. Looking for: - Optimal Order Size - Inventory Cost per year - Inventory Cycles - Inventory Turnover Thank you! Modern Furniture
Please show all calculations.
Modern Furniture Stores sells modern coffee tables. The expected demand for next year is 500 coffee tables. Tables are handmade in Seattle. The cost of ordering a set of tables Is $500. In addition, the average cost of storing a coffee table is 150 dollars. Find everything
Looking for:
- Optimal Order Size
- Inventory Cost per year
- Inventory Cycles
- Inventory Turnover
Thank you!
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