a) The EOQ for the workbooks is 444 (round your response to the nearest whole number). b) What are the annual holding costs for the workbooks? $ 1,110 (round your response to the nearest whole number). c) What are the annual ordering costs? $ 1,109 (round your response to the nearest whole number).

Practical Management Science
6th Edition
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D
Ordering cost S
Holding cost H
19,100 units/year
$26/order
$4/unit/year
Transcribed Image Text:William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D Ordering cost S Holding cost H 19,100 units/year $26/order $4/unit/year
a) The EOQ for the workbooks is 444 (round your response to the nearest whole number).
b) What are the annual holding costs for the workbooks? $ 1,110 (round your response to the nearest whole number).
c) What are the annual ordering costs? $ 1,109 (round your response to the nearest whole number).
Transcribed Image Text:a) The EOQ for the workbooks is 444 (round your response to the nearest whole number). b) What are the annual holding costs for the workbooks? $ 1,110 (round your response to the nearest whole number). c) What are the annual ordering costs? $ 1,109 (round your response to the nearest whole number).
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