Use epq to calculate the the order quantity

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Reference no: EM1383264

You supply 300,000 small button batteries per year to Light-My-Way, Inc., manufacturer of LED dog collars. The setup cost is $50 and the holding cost is $0.04 per year per battery. You can produce 1500 batteries per day. You ship 750 per day to Light-My-Way, Inc

Questions:

1. Use EOQ to determine the order quantity?

2. Use EPQ to calculate the the order quantity?

3. What is the total annual inventory cost of the EPQ plan?

Reference no: EM1383264

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