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Clap Off Manufacturing uses 2,100 switch assemblies per week and then reorders another 2,100. Assume the relevant carrying cost per switch assembly is $5.80 and the fixed order cost is $615. (Enter your answer as directed, but do not round intermediate calculations.)

Required: (a) Calculate the carrying costs.

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.:- M91772271

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