Question: Redan Manufacturing uses 2,500 switch assemblies per week and then reorders another 2,500. The relevant carrying cost per switch assembly is $10.00, and the fixed

Redan Manufacturing uses 2,500 switch assemblies per week and then reorders another 2,500. The relevant carrying cost per switch assembly is $10.00, and the fixed order cost is $1,250.

What is the current carrying cost?

Carrying cost = ?

What is the order cost?

Order cost = ?

Calculate the economic order quantity. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

EOQ = ?

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