Discount-lightingnz wants to determine the economic order, Ask an Expert

Management Studies

Discount-Lighting(NZ), wants to determine the economic order quantity for its halogen lamps. It currently buys all halogen lamps from a major supplier in China. Annual demand is 2000 lamps, ordering cost per unit is $30, and annual carrying cost per lamp is $12.

What is the EOQ?

What are the total annual costs of holding and ordering (managing) this inventory?

How many orders should Discount-Lighting place with the suppliers each year?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92589438

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