Short Answer
A company decides to establish and EOQ for an item. The annual demand is 400,000 units each costing $8 to run, setup costs are $32 , and inventory carrying costs are 20%. Calculate the EOQ in units.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: JIT has evolved from lean production concepts
Q3: Supplier selection should ensure the supplier has:<br>A)
Q4: Define quality at the source.
Q5: The emphasis in JIT is on achieving
Q6: Key factors in supplier partnering include:<br>A) long-
Q7: Discuss what constitutes value to the end
Q8: Questions to be answered in a JIT
Q9: A successful JIT environment can be achieved
Q10: What are the major elements or characteristics
Q11: A company decides to establish and EOQ