Short Answer
An item has an annual demand of $5,000, preparation costs of $20 per order, and a carrying cost of 20%. What is the EOQ in dollars?
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: An item has an annual demand of
Q3: The annual demand is 10,000 units, the
Q4: Discuss the characteristics or assumptions of the
Q5: Demand is not uniform and stock must
Q6: There is no reason to calculate the
Q7: Since the total cost is relatively _
Q8: As the order quantity increases, the average
Q9: Discuss the assumptions of the EOQ model.
Q10: Parts are often ordered in convenient packages
Q11: Some suppliers require a minimum order.