(Solved) Teresa Cohan is attempting to perform an inventory analysis on one of her most popular products. Annual demand for this product is 5,000 units;
Question: Teresa Cohan is attempting to perform an inventory analysis on one of her most popular products. Annual demand for this product is 5,000 units; unit cost is $200; carrying cost is considered to be approximately 25% of the unit price. Order costs for her company typically run nearly $30/order and lead time averages 10 days (assume a 50 week year).
- What is the EOQ?
- What is ther ROP?
- What is the total annual cost?
- How many orders per year should be placed?
- How many days exist between orders (assume 250 working days per year)?
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 