Problem Set 6: Inventory Management 1. The leading retailer of ready-to-wear clothes plans to sell 640 woolen blazers. A
Posted: Sat Feb 19, 2022 3:05 pm
Problem Set 6: Inventory Management 1. The leading retailer of ready-to-wear clothes plans to sell 640 woolen blazers. Annual carrying cost is P350 per unit, and ordering cost is P865. The retailer operates 355 days a year a Determine the optimal order size. b. Find the length of an order cycle. c. Calculate the total annual cost if the EOQ quantity is ordered.