How many times we will order if we use the eoq quantity

Assignment Help Operation Management

Reference no: EM131784633

Electronic Village stocks and sells a particular brand of personal computer. It costs the store $450 each time it places an order with manufacturer for the personal computers. The annual cost of carrying/holding a PC in inventory is $170 (per unit). The store manager estimates that annual demand for the PCs will be 1200 units.

a) Determine the optimal order quantity (EOQ)?

b) What is the total annual cost (ordering & carrying/holding)?

c) What is the maximum inventory level if we order the EOQ quantity?

d) How many times we will order if we use the EOQ quantity?

e) What is the total cost is we order Q=100?

How many times we will order in this case?

Reference no: EM131784633

Questions Cloud

Discuss the pythagorean theorem : The Pythagorean theorem states that the sum of the squares of the sides of a right triangle is equal to the square of the hypotenuse.

Determine the amount of depreciation to be charged : Determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life.

Discuss analysis of what the ratios calculated suggest : Provide analysis of what the ratios calculated suggest about Target relative to its competitors

Prepare a cash distribution plan as of september : Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted

How many times we will order if we use the eoq quantity : What is the maximum inventory level if we order the EOQ quantity? How many times we will order if we use the EOQ quantity?

Determine actual and standard variable cost per bag of food : Determine the actual and standard variable cost per bag of dog food produced separated into direct materials. Direct labor, and variable overhead

What is the purpose of adjusting entries : I need help answering these questions: What is the purpose of adjusting entries? Provide an example. What is journalizing? Please provide an example.

Discuss what is sebastians basis in these two assets : Appraisals of the equipment indicate that the fair market value of the first piece of equipment

Display the speed of the satellite : The speed in miles per hour of a satellite moving in a circular orbit about a celestial body is given approximately by Speed = v(C/D).

User Account

All Pages