Business, 22.04.2020 05:02 Maria3737

You have been asked to check EOQ figures. You have been given the following data: demand is 16,761 units per quarter, S = $120 per setup, P = $5 per unit, and H = $1.25 per unit per year, They typically order Q= 3,588 units every time an order is placed. Calculate total annual inventory costs including setup, holding and product cost using their current ordering plan.

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You have been asked to check EOQ figures. You have been given the following data: demand is 16,761 u...

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