The inventory control tool that does not require direct line of sight to read the tag on a product$($s$),$ is known as

Question Blank $1$ of $1$

Answer

Demand $($D$)$ is $150$ Pen Sets per month $(30$ days $=1$ month$).$

Lead Time $($LT$)$ from Supplier X is $10$ days.$$

Safety Stock $($SS$)$ is $125$ Pen Sets.$$

$$

Calculate RBS Company$$s EOQ for their top selling Pen Set using the following information: $$

RBS Company expects to sell $300$ Pen Sets per month for the next $12$ months.$$

RBS Company purchases the Pen Sets from a supplier for $$50$ dollars each and incurs a cost of $$100$ dollars for each order that they place

RBS Company estimates that their inventory carrying cost is $24\%$ annually.$$

Round to the nearest whole number