Autominions Inc. manufactures toy cars for kids. Following is the data pertaining to one of its parts being used in asse

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Autominions Inc. manufactures toy cars for kids. Following is the data pertaining to one of its parts being used in asse

Post by answerhappygod »

Autominions Inc. manufactures toy cars for kids. Following isthe data pertaining to one of its parts being used in assembly of aspecific toy car.
Working days per year 300
Normal use per day 450 units.
Ordering Cost per order is Rs. 1,000
Carrying (Storage) cost per unit per year Rs.50Unit cost per order is Rs. 50
Required:
Economic order quantity for normal usage
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply