Q. Myriah Fitzgibbon, of L.A. Plumbing uses 1,210 of a certain spare part that costs $27 for each order, with an annual holding cost of $25. Compute total cost for order sizes of 25, 40, 50, 60 and 100 (round to nearest to decimals) and Compute economic order quantity
Q. Illustrates what is maximum number of application per hours that can be handled by present configuration of process?