Matthew liotines dream store sells water beds and assorted, Ask an Expert

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Matthew? Liotine's Dream Store sells water beds and assorted supplies. His? best-selling bed has an annual demand of 405 units. Ordering cost is $38 holding cost is $5 per unit per year.

?a) To minimize the total? cost, how many units should be ordered each time an order is? placed?

EOQ? =____units ?(round your response to the nearest whole? number).

?b) If the holding cost per unit was $6.00 instead of $5 what would the optimal order quantity? be?

New EOQ? = ____ units ?(round your response to the nearest whole? number).

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Operation Management, Management Studies

Category:- Operation Management
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