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Q2 A company purchase the following item from supplier A Annual Demand 3000 Holding cost/per year 2.0$ Ordering cost per
Posted: Fri Apr 29, 2022 10:37 am
by answerhappygod
- Q2 A Company Purchase The Following Item From Supplier A Annual Demand 3000 Holding Cost Per Year 2 0 Ordering Cost Per 1 (29.01 KiB) Viewed 25 times
Q2 A company purchase the following item from supplier A Annual Demand 3000 Holding cost/per year 2.0$ Ordering cost per order $40 Working days/year 250 Find: 1- EOQ 2- average inventory 3- how many order/year 4-Total cost If the company is currently using ordering quantity of 300, calculate how much extra cost they are incurring by not following the EOQ