Problemthe trektronics store begins each month with 740, Ask an Expert

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Problem:

The Trektronics store begins each month with 740 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $26 per year and the fixed order cost is $340. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

Question 1: What is the total carrying cost?

Question 2: What is the restocking cost?

Question 3: Calculate the economic order quantity.

Question 4: Calculate the optimal number of orders per year.

Question 5: Should the company increase or decrease its order size? Could you explain how to find these?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173052

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