Question: Problem 17-14 EOQ (LO 3] The Trektronics store begins each month with 800 phasers in stock. This stock is depleted each month and reordered. The

 Problem 17-14 EOQ (LO 3] The Trektronics store begins each month

Problem 17-14 EOQ (LO 3] The Trektronics store begins each month with 800 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $29 per year and the fixed order cost is $525. a. What is the total carrying cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What is the restocking cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. Calculate the economic order quantity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. Calculate the optimal number of orders per year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Carrying costs b. Restocking costs Economic order quantity c. d. Orders per year

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 Finance Questions!