[Solution Library] Wing Computer Corporation of Xiamen, China uses 15,000 keyboards each year in the production of computer terminals for major computer manufacturers
Question: Wing Computer Corporation of Xiamen, China uses 15,000 keyboards each year in the production of computer terminals for major computer manufacturers headquartered in Taiwan. Order cost for the keyboards is 50 renminbi per unit per year. The holding cost is 1.5 renminbi per unit per year. What is the EOQ? If Wing orders 1250 per month, what will be the total annual cost? What is the average inventory level?
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