Alpha Geek

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Category > Engineering Posted 22 Jun 2017 My Price 3.00

A product is made to stock. Annual demand is 86,000 units

A product is made to stock. Annual demand is 86,000 units. Each unit costs $9.50, and the annual holding cost rate is 22%. Setup cost to produce this product is $800. Determine (a) economic order quantity and (b) total inventory costs for this situation.

 

 

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Alpha Geek
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Status NEW Posted 22 Jun 2017 05:06 AM My Price 3.00

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