William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D 19,100 units/year Ordering cost S $23/order Holding cost H $5/unit/year a) The EOQ for the workbooks is enter your response here (round your response to the nearest whole number). b) What are the annual holding costs for the workbooks? $enter your response here (round your response to the nearest whole number). c) What are the annual ordering costs? $enter your response here (round your response to the nearest whole number).
William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D 19,100 units/year Ordering cost S $23/order Holding cost H $5/unit/year a) The EOQ for the workbooks is enter your response here (round your response to the nearest whole number). b) What are the annual holding costs for the workbooks? $enter your response here (round your response to the nearest whole number). c) What are the annual ordering costs? $enter your response here (round your response to the nearest whole number).
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D
|
19,100
units/year |
Ordering cost S
|
$23/order
|
Holding cost H
|
$5/unit/year
|
a) The EOQ for the workbooks is
enter your response here
(round your response to the nearest whole number).b) What are the annual holding costs for the workbooks?
$enter your response here
(round your response to the nearest whole number). c) What are the annual ordering costs?
$enter your response here
(round your response to the nearest whole number).Expert Solution
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