The POMS Equipment Company estimates its daily holding cost at 15% of the $4 unit cost of

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The POMS Equipment Company estimates its daily holding cost at 15% of the $4 unit cost of an item that it holds in inventory. The item's ordering cost is $19, and the estimated annual demand requirement is 48,000. Using 250 days in a year.

What is the optimal cycle time in days? Round your final answer to two decimal places.

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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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Posted Date: Mar 21, 2024 03:33 AM

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The POMS Equipment Company estimates its daily holding cost at 15% of the $4 unit cost of

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Cost Accounting

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