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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Exercise 8-32 Â EOQ, Ordering Cost, Carrying Cost, and Total Inventory-Related Cost
Refer to the data for Ranger Company above.
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Required:
1.      What is the EOQ for Beta?
2.      How many orders for Beta will Ranger place per year under the EOQ policy?
3.      What is the total ordering cost of Beta for a year under the EOQ policy?
4.      What is the total carrying cost of Beta per year under the EOQ policy?
5.      What is the total cost of Ranger’s inventory policy for Beta per year under the EOQ policy?
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