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Demand for a popular athletic shoe is nearly constant at 600 pairs per week for a regional division of a national retailer. The cost per pair is $50. It costs $60 to place an order, and annual holding costs are charged at 10% of the cost per unit. The lead time is 8 weeks.one year has 52 weeks

a. What is the EOQ?

b. What is the reorder point?

c. What is the cycle time?

d. What is the total annual cost?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92589563

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