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Business, 18.08.2020 14:01 cristymarinee9207

Plattsburgh Tech’s annual demand is 3,000 units which costs $30 per unit. You are in charge of inventory management of Plattsburgh Tech. You know that the annual holding cost is 20% of the unit price and ordering cost is $102.40 per order. Plattsburgh Tech. operates 300 days a year. Required:
a. Compute EOQ
b. Compute the total inventory cost for EOQ
c. Compute the length of an order cycle
d. Compute ROP assuming that the delivery load time is three days

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