A manufacturer uses 100,000 components costing $1 each at a constant rate throughout the year. The cost of making a sing
Posted: Sat Feb 19, 2022 2:34 pm
A manufacturer uses 100,000 components costing $1 each at a constant rate throughout the year. The cost of making a single order for more components is $10 and the holding costs for each component are 0.5% of the average inventory value. What is the EOQ?