QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Business & Finance Posted 06 Jun 2017 My Price 15.00

Need business and finance help with EOQ- Distibution costs

Question description

 

A produce distributor uses 800 packing crates a month, which it purchases at a cost of $10 each.The manager has assigned an annual carrying cost of 35% if the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ?

 

 

Answers

QuickHelper
(10)
Status NEW Posted 06 Jun 2017 09:06 AM My Price 15.00

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