What is the economic order quantity

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Question - The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.

Annual demand? (weekly demand=? 1/52 of annual? demand) ?18,000 units

Orders per year as per EOQ model 18

Lead time in days 16 days

Annual relevant carrying costs ?$3,600

What is the economic order quantity assuming each order was made at the? economic-order-quantity amount?

Rework is finished production that is NOT in accordance with customer desires. The product is redone and sold as finished goods. True or False.

Reference no: EM133130508

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