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Clap Off Manufacturing uses 1,150 switch assemblies per week and then reorders another 1,150. Assume the relevant carrying cost per switch assembly is $5.50 and the fixed order cost is $625. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

(a) Calculate the carrying costs. (Round your answer to 2 decimal places (e.g., 32.16).)

Carrying costs $   

(b) Calculate the restocking costs.

Restocking costs $   

(c) Calculate the economic order quantity. (Round your answer to 2 decimal places (e.g., 32.16).)

Economic order quantity   

(d) Calculate the EOQ number of orders per year. (Round your answer to 2 decimal places (e.g., 32.16).)

Number of orders per year

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92759425

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