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Business, 19.03.2021 01:00 jtmoney10

Annual demand for a made-to-stock product is 50,000 units. Each unit costs $8.00, and the annual holding cost rate is 18%. Setup time to change over equipment for this product is 2.0 hr., and the downtime cost of the equipment is $180/hr. Determine the following: (a) economic order quantity (b) total inventory costs (c) How many batches are produced per year

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Annual demand for a made-to-stock product is 50,000 units. Each unit costs $8.00, and the annual hol...
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