Computers and Technology, 19.05.2020 03:04 lailahussain99
William Beville’s computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D = 19,700 units/year
Ordering cost S = $24/order
Holding cost H = $3/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?
Answers: 1
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