Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)

Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.
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