Clap off manufacturing uses 1600 switch assemblies per week, Ask an Expert

Management Studies

Clap Off Manufacturing uses 1,600 switch assemblies per week and then reorders another 1,600. Assume the relevant carrying cost per switch assembly is $5.30 and the fixed order cost is $590.

Calculate the carrying costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Carrying costs $

Calculate the restocking costs. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Restocking costs $

Calculate the economic order quantity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Economic order quantity

Calculate the EOQ number of orders per year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Number of orders per year

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92176901

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