Course Solutions Uncategorized (Answered) : 2. A toy manufacturer uses approximately 32,000 slicon chips annually. The chips are used at a steady rate during the 240 days

(Answered) : 2. A toy manufacturer uses approximately 32,000 slicon chips annually. The chips are used at a steady rate during the 240 days

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:34 pm
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2.
A toy manufacturer uses approximately 32,000 slicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $3 per slicon chip. The optimal ordering quantity is 1600 chips per order. What is the total annual holding (carrying) cost under the optimal inventory management policy?

Select one:

a. $2400

b. $3

c. 3600

d. $480,000

Expert Answer

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