William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D 20,000 units/year Ordering cost S $23/order Holding cost H $3/unit/year Part 2 a) The EOQ for the workbooks is ________ (round your response to the nearest whole number). Part 3 b) What are the annual holding costs for the workbooks? $________ (round your response to the nearest whole number). Part 4 c) What are the annual ordering costs? $_________ (round your response to the nearest whole number)

William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D 20,000 units/year Ordering cost S $23/order Holding cost H $3/unit/year Part 2 a) The EOQ for the workbooks is (round your response to the nearest whole number). Part 3 b) What are the annual holding costs for the workbooks? $ (round your response to the nearest whole number). Part 4 c) What are the annual ordering costs? $_ (round your response to the nearest whole number)

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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Part 2

a) The EOQ for the workbooks is

________

(round your response to the nearest whole number).

Part 3

b) What are the annual holding costs for the workbooks?

$________

(round your response to the nearest whole number).

Part 4

c) What are the annual ordering costs?

$_________

(round your response to the nearest whole number).

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