Question: Q1 Carrying Cost $ 1/unit/year Ordering Cost $12/order Demand 200 units/month The current order quantity 500 unit What are the ordering costs for the

Q1 Carrying Cost Ordering Cost Demand $ 1/unit year $12/order 200 units/month 500 unit The current order quantity 1. ii. What are the carrying costs for the current order size? ii. What is the optimal order size? iv. What are the ordering costs for the optimal order size? v. What are the carrying costs for the optimal order size? vi. How much can be saved by using the optimal order size?

Q1 Carrying Cost $ 1/unit/year Ordering Cost $12/order Demand 200 units/month The current order quantity 500 unit What are the ordering costs for the current order size? 11. i. What are the carrying costs for the current order size? What is the optimal order size? IV. 111. What are the ordering costs for the optimal order size? What are the carrying costs for the optimal order size? How much can be saved by using the optimal order size? V. Vi.

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aOrdering cost is the cost of placing an order to the supplier for inventory The number of orders is calculated by the annual quantity demanded divide... View full answer

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