Mathematics, 14.07.2020 01:01, arielpraczko1
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6,100 units per year. The cost of each unit is $101, and the inventory carrying cost is $8 per unit per year. The average ordering cost is $31 per order. It take about 5 days for an order to arrive, and the demand for 1 week is 120 units. (This is a corporate operation, and the are 250 working days per year.)A) What is the EOQ?B) What is the average inventory if the EOQ is used?C) What is the optimal number of orders per year?D) What is the optimal number of days in between any two orders?E) What is the annual cost of ordering and holding inventory?F) What is the total annual inventory cost, including cost of the 6,100 units?
Answers: 1
Mathematics, 21.06.2019 21:30, kimryan520
The ratios of boys to girls on a soccer league is 2: 5. if there are 28 boys, how many girls are playing soccer? extra points! will mark as brainiest asap
Answers: 2
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain wit...
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