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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Xemex has collected the following inventory data for the six items that it stocks:
|
ITEM |
UNIT |
ANNUAL |
ORDERING |
CARRYING COST |
|
1 |
10.60 |
600 |
40 |
20 |
|
2 |
11.00 |
450 |
30 |
25 |
|
3 |
2.25 |
500 |
50 |
15 |
|
4 |
150.00 |
560 |
40 |
15 |
|
5 |
4.00 |
540 |
35 |
16 |
|
6 |
4.10 |
490 |
40 |
17 |
Lynn Robinson, Xemex’s inventory manager, does not feel that all of the items can be controlled. What ordered quantities do you recommend for which inventory product(s)?
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