Question: Reynolds Department Store is experiencing some inventory control problems. The manager, Mr. Duke, currontly orders 5,000 units four times handle annual demand of 20,000 units.

Reynolds Department Store is experiencing some inventory control problems. The manager, Mr. Duke, currontly orders 5,000 units four times handle annual demand of 20,000 units. Each order costs $15 and each unit costs $1.50 to carry. Mr. Duke maintains a safety stock of 200 un 3. Calculate the economic order quantity (EOQ) b. What is avorage inventory under EOQ if Mr. Duke maintains a safety stock of 200 units? Reynolds Department Store is oxperiencing some inventory control problems. The manager, Mr. Duke, currently ordors 5,000 units four times each year to handle annual demand of 20,000 units. Each order costs $15 and each unit costs $1,50 to carry. Mr. Duke maintains a safety stock of 200 units a. Calculate the economic order quantity (EOQ) b. What is average inventory under EOQ if Mr Duke maintains a safety stock of 200 unats
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