Question: QUESTION 11 The company has adopted EOQ inventory model. The total annual cost is SR 200 and the annual demand of a company is 2000

QUESTION 11 The company has adopted EOQ inventory

QUESTION 11 The company has adopted EOQ inventory model. The total annual cost is SR 200 and the annual demand of a company is 2000 shirts per year. The optimum no of quantity per order is 200. The set up or ordering cost of the company is SR 20 per order. If the optimal number of orders per year is 5 then what will be the holding cost per shirt in a year? A. 100 B. 200 OC. 0.5 D.1

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!

Purpose: To create a cash budget. Instructions: Using the following data and using the percent of sales method ( except for the fixed payments ) complete the following cash budget to determine...

The company has adopted EOQ inventory model. The total annual cost is SR 200 and the annual demand of a company is 2000 shirts per year. The optimum no of quantity per order is 200. The set up or...

11.3 Kamal Fatehl, production manager of Kennesaw Manufacturing, finds his profit at $15,000 (as shown in the following statement)inadequate for expanding his business. The bank is insisting on an...

a) What is the EOQ? units (round your response to two decimal places). b)What is the average inventory if the EOQ is used? units (round your response to two decimal places). What would be the annual...

Question 3. (14 points) COST-VOLUME-PROFIT MODEL You are hired as an operations consultant for a company to work on strategic capacity planning for a new manufacturing plant. The company provided you...

What will be the total annual cost if the annual demand of a company is 2000 shirts per year. The company adopted model for inventory is EOQ inventory model? The set up or ordering cost of the...

Please number the answers. Thank you Incorrect Question 24 0/1 pts Realistically, which of the following options is most attractive? An attractive option is one where the order size is close or equal...

Hw #5 Answer the following problems * Show ALL WORKI 3(A-D),4,19,20 31 cation for these Unit Cost Uni Cost 20 4. Por, 5100, E130 Find Moden this Story The intable context menu and me from Ny Time...

Inventory Control Models NOTE: UNLESS EXPRESSLY STATED CARRY YOUR ANSWERS TO TWO (2) DECIMAL PLACES. NOTE 2: ANSWER ALL QUESTIONS 1 TO 23 IN WORD FORMAT AND EXCEL FORMAT Task 1. A wholesale...

Please find the questions below. Question 1 Scenario: The owner of a large bicycle sales and repair business stocks a popular brand of mountain bikes. Based on historical data, the estimated annual...

Table shows supply and demand schedules for the British pound. Assume that exchange rates are flexible. a. The equilibrium exchange rate equals____. At this exchange rate, how many pounds will be...

Why is it so important to get a personal introduction before approaching a potential investor or banker?

What is the assumed working fluid when making calculations in both sections 6 and 7 ?

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...