What are the annual holding costs for the workbooks

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Reference no: EM132250515

1. William Beville’s computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D = 19,600 units/year

Ordering cost S = $23/order

Holding cost H = $5/unit/year

a) Calculate the EOQ for the workbooks.

b) What are the annual holding costs for the workbooks?

c) What are the annual ordering costs?

2. The economic order quantity is the number of units that a company should add to inventory with each order to minimize the inventory order and the inventory carrying cost and includes the value per unit of the goods, the sales demand, the annual inventory-carrying cost as a percentage and ________? Pilferage costs. Order costs. Opportunity costs. Damage costs. Shrinkage costs.

Reference no: EM132250515

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