Business, 06.05.2020 04:24 elainestorm9633

The heat sinks needed are bought for $14 each and are ordered in quantities of 1200 units. Annual demand is 6200 heat sinks, the annual inventory holding cost rate is $2 per unit, and the cost to place an order is estimated to be $60. Calculate the following: (18 points-3 points each) 12) Economic order quantity (EOQ)= 13) Average inventory level= 14) The number of orders placed per year= 15) The total annual inventory holding cost= 16) The total annual ordering cost= 17) The total annual cost=

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The heat sinks needed are bought for $14 each and are ordered in quantities of 1200 units. Annual de...

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