Mathematics, 07.05.2021 22:40, soph10131
A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It costs the firm $50 to place an order. The firm estimates its annual carrying charge is 20%. Weekly demand is 100 units, and there are 50 weeks in the work year. The item costs $10 per unit. The lead-time for the product is 3 weeks. Assume that there are 5 working days per week. What quantity of items should the firm order each time so as to minimize total inventory costs, i. e., what is the EOQ?
A. 100
B. 224
C. 500
D. 1000
E. none of the above
Answers: 3
Mathematics, 21.06.2019 17:30, nayellisoto15
Lance lived in portugal and brazil for a total of 14 months to learn portuguese. he learned an average of 130 new words per month when he lived in portugal, and an average of 150 new words per month when he lived in brazil. in total he learned 1920 new words. write a system of equations to represent the situation. use x to represent portugal, and y to represent brazil
Answers: 1
Mathematics, 21.06.2019 17:30, leannamat2106
43lbs of tomatos cost $387. how much would 41lbs cost
Answers: 1
A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It...
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