1 answer

Problem 12.7 William Beville's computer training school, in Richmond, stocks Workbooks with the following characteristics: Demand...

Question:

Problem 12.7 William Bevilles computer training school, in Richmond, stocks Workbooks with the following characteristics: De
Problem 12.7 William Beville's computer training school, in Richmond, stocks Workbooks with the following characteristics: Demand D 19,100 units/year Ordering costs $27/order Holding cost H $5/unit/year a) The EOQ for the workbooks is (round your response to the nearest whole number). Enter your answer in the answer box and then click Check Answer. Clear All 2 2 parts remaining Nov 25, 2019 - William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:Demand D = 19,500 units/yearOrdering cost S - $25/order Holding cost H = $4/unit/veara) Calculate the foo for the workbooks h) What are the annual holdina

Answers

Given data:

Demand D = 19100 units per year

Ordering cost S = $27 per order

Holding cost H = $5 per unit per year

Economic order quantity = sqrt(2DS/H)

=sqrt(2*191000*27/5)

=sqrt(1031400/5)

=sqrt(206280)

= 454.1806

Economic order quantity for the workbooks = 454

.

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