Homas kratzer is the purchasing manager for the, Ask an Expert

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Homas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation.? Thomas's fastest-moving inventory item has a demand of 6,000 units per year. The cost of each unit is ?$99?, and the inventory carrying cost is ?$99 per unit per year. The average ordering cost is ?$29per order. It takes about 55 days for an order to? arrive, and the demand for 1 week is 120 units.? (This is a corporate? operation, and there are 250 working days per? year). ?a) What is the? EOQ? 59.78 nothing units ?(round your response to two decimal? places).

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Operation Management, Management Studies

Category:- Operation Management
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