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(All Steps) Sharp, Inc., a company that sells sports shirts, would like to reduce its inventory cost by determining the optimal number of shirts to obtain per

Question: Sharp, Inc., a company that sells sports shirts, would like to reduce its inventory cost by determining the optimal number of shirts to obtain per order. The annual demand is 250 units; the supplier’s delivering cost is $65 per order and in addition, there is a$6 in-house ordering cost; The manufacturer charges $16.25 per shirt and the inventory carrying cost is estimated to be 8.5% per year.

  1. What is Sharp’s EOQ?
    If EOQ is ordered,
  2. What are the annual holding costs?
  3. What are the annual ordering costs?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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