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Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
(Appendix: multiproduct EOQs) A retail cosmetics chain carries three types of skin products: face cream, lotion, and powder. Determine the economic order quantity for each, given the following information:
|
Product |
Order Cost |
Carrying Cost |
Demand |
|
Face cream |
$12 |
$2.00 |
2,000 units |
|
Lotion |
40 |
1.45 |
1,000 units |
|
Powder |
15 |
1.25 |
900 units |
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