Mathematics, 07.05.2021 22:40 soph10131
A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It costs the firm $50 to place an order. The firm estimates its annual carrying charge is 20%. Weekly demand is 100 units, and there are 50 weeks in the work year. The item costs $10 per unit. The lead-time for the product is 3 weeks. Assume that there are 5 working days per week. What quantity of items should the firm order each time so as to minimize total inventory costs, i. e., what is the EOQ?
A. 100
B. 224
C. 500
D. 1000
E. none of the above
Answers: 3
Another question on Mathematics
Mathematics, 21.06.2019 16:20
Refer to interactive solution 17.45 to review a method by which this problem can be solved. the fundamental frequencies of two air columns are the same. column a is open at both ends, while column b is open at only one end. the length of column a is 0.504 m. what is the length of column b?
Answers: 1
Mathematics, 21.06.2019 17:30
What values of x satisfy the inequality x^2-9x< 0? how is your answer shown on the graph?
Answers: 2
Mathematics, 21.06.2019 19:30
The figure below shows rectangle abcd and the triangle eca on a coordinate plane.which of the following expressions represents the perimeter of triangle of triangle eca in units
Answers: 2
You know the right answer?
A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It...
Questions
