Margersquos model shop sells stock car replicas the most, Ask an Expert

Management Studies

Marge’s Model Shop sells stock car replicas. The most popular model sells 100 units each week. The shop is open year-round except for a two-week holiday closing over Christmas. Marge uses EOQ tools to determine optimal order quantities from a Distributor; that number is 700 stock cars. The paperwork and processing are estimated to create an administrative cost of $49 per order. If the Holding Cost is 20%, what is the value of the stock car being ordered?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91638917

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