Angelo State University Operations And Supply Chain Management Assignment Help - EOQ
Question - 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.)
Requirement 1:
What is the total carrying cost?
Carrying costs $
Requirement 2:
What is the restocking cost?
Restocking costs $
Requirement 3:
Calculate the economic order quantity. (Round your answer to 2 decimal places (e.g., 32.16).)
Economic order quantity
Requirement 4:
Calculate the optimal number of orders per year. (Round your answer to 2 decimal places (e.g.,
32.16).)
Number of orders per year
Requirement 5:
Should the company increase or decreas
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