Course Solutions Uncategorized (Answered) : QUESTION 11 makes 428 sweaters per week. Setup cost is 339. The value of finished goods inventory is 35 per sweater. Annual per un

(Answered) : QUESTION 11 makes 428 sweaters per week. Setup cost is 339. The value of finished goods inventory is 35 per sweater. Annual per un

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:40 pm
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QUESTION 11 makes 428 sweaters per week. Setup cost is 339. The value of finished goods inventory is 35 per sweater. Annual per unit inventory holding cost is 22 % of the value of an item. Using the economic lot size calculation, find the average time between orders in weeks. Enter your answer to 2 decimal places and assume there are 52 weeks in a year. Of

Expert Answer

Given data:

Average Demand/Week= 102 Units

Annual Demand ( D) = 102*52 = 5304

Ordering cost or setup cost (S) = 339

Annual Holding cost (H)= 22% of Finished good value = .22*35 =

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