Question: Problem 7 - 1 5 ( Algo ) Economic ordering quantity with safety stock [ LO 7 - 5 ] Diagnostic Supplies has expected sales

Problem 7-15(Algo) Economic ordering quantity with safety stock [LO7-5]
Diagnostic Supplies has expected sales of 168,100 units per year, carrying costs of $4 per unit, and an ordering cost of $8 per order.
a. What is the economic ordering quantity?
Economic ordering quantity
nits
b-1. What is the average inventory?
Average inventory
units
b-2. What is the total carrying cost?
Total carrying cost
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Problem 7-15(Algo) Economic ordering quantity with safety stock [LO7-5] Diagnostic Supplies

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