Question 1

Freeform

Calculate Economic Order Quantity (EOQ) from the following:

Annual consumption 6,000 units

Cost of ordering $ 60

Carrying costs $ 2

Question 2

Freeform

From the following particulars, calculate the Economic Order Quantity (EOQ):

Annual requirements 1,600 units Cost of materials per units $ 40

Cost of placing and receiving one order: $ 50 Annual carrying cost for inventory value 10%

Question 3

Freeform

Calculate EOQ from the following?

Consumption during the year = 600 units Ordering cost $ 12 per order

Carrying cost 20% Selling Price per unit $ 20

Question 4

Freeform

Required: EOQ

A manufacturer buys certain equipment form suppliers at $ 30 per unit. Total annual needs are 800 units. The following further data are

available:

Annual return on investments 10% Rent, insurance, storing per unit per year $ 2

Cost of placing an order $ 100

Question 5

Freeform

From the figures given below, calculate Economic Order Quantity (EOQ) and Total cost at EOQ?

Total consumption of material per year 10,000 kgs Buying cost per order $ 50

Unit cost of material $2 per kg Carrying and storage cost 8%