Suppose that your firm manufactures toy flying drones, Ask an Expert

Management Studies

Suppose that your firm manufactures toy flying drones. Monthly demand for the drones is 230,000 units. Setup cost per order is $220, and the annual holding cost percentage is 24%. The drones cost $50 to produce and are sold for $99.

a) If you have one warehouse, what is the economic order quantity for the drones? What is the total of the annual setup and holding costs of this quantity?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91630033

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