The Talbot Company uses electrical assemblies to produce an array of small appliances One of its high cost high volume assemblies, the XO 01, has an estimated annual demand of 8,000 units Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year The company operates 250 days per year What is the economic order quantity (EOQ) for the XO 01 Multiple Choice Less than or equal to 100 units Greater than 100 units but less than or equal to 180 units Greater than 180 units but less than or equal to 250 units Greater than 250 units 2 The Talbot Company uses electrical assemblies to produce an array of small appliances One of its high cost high volume assemblies, the XO 01, has an estimated annual demand of 8,000 units Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year The company operates 250 days per year Following the EOQ in the last question, what is the total inventory cost for Talbot Company Multiple Choice $2,000 $4,000 $5,000 $8,000 3 In the lean philosophy, producing large lot sizes reduces waste True or False

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Question: The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has

The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year. What is the economic order quantity (EOQ) for the XO-01?

Multiple Choice

Less than or equal to 100 units

Greater than 100 units but less than or equal to 180 units

Greater than 180 units but less than or equal to 250 units

Greater than 250 units

Following the EOQ in the last question, what is the total inventory cost for Talbot Company?

Multiple Choice

$2,000

$4,000

$5,000

$8,000

3.In the lean philosophy, producing large lot sizes reduces waste.

True or False

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