What is eoq? b how many orders willnow be palced? c what is, Ask an Expert

Management Studies

Discount -Martas part of its new JIT program has signed a long term conrtact with speciality lighting and will pace orders electronically for its halogen lamps. Annual demand is 2,000 lamps, ordercost per order is $.50 and carrying costs are $20.00 per lamp. (A) What is EOQ? (B) How many orders willnow be palced? (C) What is the total annual costs of managing the inventory with this policy?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M982005

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