Economic Operations management question- please help?

January 24th, 2009 | by admin |

Jon Doe’s computer training school stocks workbooks with the following characteristics:

Demand D = 19,500 units/ year

Ordering costs S = $25/ order

Holding cost H = $4/unit/year

a)Calculate the EOQ for the workbooks?
b)What are the annual holding costs for the workbooks?
c)What are the annual ordering costs?

Irish

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