EOQ Total Cost and Recorder point
Find the EOQ (Qe), the total cost, and the reorder point in units given: Table 3. EOQ Example Item Variable Value and units Price P $ 100 Annual Demand D 100,000 units Order Cost O $ 100 per order Interest I 5 % Holding Cost H $ 2 per unit Lag Time 3 days […]
EOQ Total Cost and Recorder point Read More »