Determine the economic order quantity

Reference no: EM1320980

Determine the Economic Order Quantity in Excel for: Price of Product: $150 Savings Rate: 12% Annual Usage: 16240 Cost of transportation: $200/order Cost of PO preparation: $60/order Warehouse Rental: $8/piece.

In your own words and by finding information in the Web. Explain the benefits of using a Six sigma Methodology in a Decision Making Process. Demonstrate your thought using an example of the development of a project.

Reference no: EM1320980

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Determine the economic order quantity : Determine the Economic Order Quantity in Excel for: Price of Product: $150 Savings Rate: 12% Annual Usage: 16240 Cost of transportation: $200/order Cost of PO preparation: $60/order Warehouse Rental: $8/piece.

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