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Calculate the economic order quantity

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Reference no: EM132747471

Question - Wilson Company is trying to figure out the most efficient inventory management. The following information is available:

Annual sales units required 10,000

Cost per order/setup $400

Cost per unit $100

Carrying cost percentage 8%

Lead time 2 weeks

Work days 50 weeks

Safety stock 50 units

Required -

1. Calculate the economic order quantity.

2. Calculate the reorder point.

Reference no: EM132747471

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