Economic order quantity, Annisa by reporting, showing your

Economic order quantity

Assignment Help Operation Management

Reference no: EM133959108

Questions

1. Annisa Kyung has collected the following data for the Kusmi brand tea that she carries in her store:

Sales = 8 cases per week

Ordering cost = $10 per order

Holding Cost = $ 16 per case per year

One year = 52 weeks

Annisa by reporting, showing your calculations, the Economic Order Quantity (rounded your final response to the next whole number) based on which she can decide the number of cases of the tea to order at one time.

2. Using the EOQ you calculated, indicate, showing your calculations, how often (every how many weeks) will she be ordering the tea?

3. Using the EOQ you calculated, indicate, showing your calculations, how many orders will she be making in a year?

Reference no: EM133959108

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