How many orders will be placed each year

Reference no: EM131169153

INVENTORY CONTROL AND PLANNING Refer to Exercise 33. The Camera Store sells 960 Yamaha A35 digital cameras per year. Each time an order for cameras is placed with the manufacturer, an ordering cost of $10 is incurred. The store pays $80 for each camera, and the cost for holding a camera (mainly due to the opportunity cost incurred in tying up capital in inventory) is $12/year. Assume that the cameras sell at a uniform rate and no shortages are allowed.

a. What is the EOQ?

b. How many orders will be placed each year?

c. What is the interval between orders?

Reference no: EM131169153

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