PC World stocks and sells a particular brand of personal computer. It costs the store £ 460 each time it place an order with the manufacture for the personal computers. The annual cost of carrying the PCs in inventory is £ 150. The store manager estimates that annual demand for the PCs will be 1,800 units. Determine optimal order quantity using the basic EOQ model (you should round to the nearest integer number). Your Answer: Answer Page 6 of 20 Previous Page Next Page
PC World stocks and sells a particular brand of personal computer. It costs the store £ 460 each time it place an order with the manufacture for the personal computers. The annual cost of carrying the PCs in inventory is £ 150. The store manager estimates that annual demand for the PCs will be 1,800 units. Determine optimal order quantity using the basic EOQ model (you should round to the nearest integer number). Your Answer: Answer Page 6 of 20 Previous Page Next Page
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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