Solution-Compute the number of orders made on first quarter

Compute the number of orders made on first quarter

Reference no: EM133163923

Problem - Economic Order Quantity - GHI Company has an annual demand of 100,000.00 units of Material Y. The ordering cost is 125.00 per order, cost per unit 5.00, and the annual carrying cost per unit is 1.00. Assume that the units will be required evenly throughout the year.

Required -

1. Compute the economic order quantity.

2. Compute the number of orders made on first quarter.

3. Compute the total carrying cost.

4. Compute the total ordering cost.

Reference no: EM133163923

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Compute the number of orders made on first quarter

Reference no: EM133163923

Reference no: EM133163923

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