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What is the total annual cost if the EOQ quantity is ordered

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Reference no: EM133030514

Question - A local electronics store expects to sell 500 flat-screen TVs each month during next year. The annual carrying cost is $60 per TV, and order is $50. The company operates 360 days a year.

a. What is the EOQ?

b. How many times per year does the store reorder?

c. What is the total annual cost if the EOQ quantity is ordered?

d. What is the length of an order eyelet?

Reference no: EM133030514

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