Question: solve it with pen and paper not using any software. focus on (when and how many) i think EOQ & ROP calculations A mamufacturing company

solve it with pen and paper not using any

solve it with pen and paper not using any software. focus on (when and how many) i think EOQ & ROP calculations

A mamufacturing company purchase 9000 parts of a machine for its annual requirements ordering for month usage at a time, each part costs $20. The ordering cost per order is $15 and carrying charges are 15% of the average inventory per year. You have been assigned to suggest a more economical purchase policy (When and how many?) for the company. What advice you offer and how much would it save the company per year

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