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What is the eoq

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Reference no: EM131341310

You are given the following information:

  • Annual demand: 2800 units
  • Cost per order placed: $5.25
  • Carrying cost: 20 percent
  • Price per unit: $30

 

A. Fill in the blanks in the table below.

Order size

35

56

70

140

200

2800

Number of orders

-

-

-

-

-

-

Average Inventory

-

-

-

-

-

-

Carrying cost

-

-

-

-

-

-

Order cost

-

-

-

-

-

-

Total cost

-

-

-

-

-

-

B. What is the EOQ?

Reference no: EM131341310

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