Course Solutions Uncategorized (Answered) : If the annual demand for a specific product is 17,000, the order quantity is 850, the annual holding costs is 7.00 per unit, and

(Answered) : If the annual demand for a specific product is 17,000, the order quantity is 850, the annual holding costs is 7.00 per unit, and

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:35 pm
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If the annual demand for a specific product is 17,000, the order quantity is 850, the annual holding costs is 7.00 per unit, and the ordering cost per order is is 150, what is Economic Order Quantity? Round to the nearest whole number (e.g. 234.3845 would be “234”).

If the annual demand is 11,500, the order quantity is 800, the annual holding costs is 6.00 per unit, and the ordering cost per order is is 175, what is the total of carrying and ordering costs? Round to the nearest penny and do not show any sign (e.g. $234.3845 would be “234.38”).

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