Business, 09.07.2021 01:00 Schoolworkspace453
A local distributor for a national tire company expects to sell approximately 10,160 tires of a certain size and tread design next year. Annual carrying cost is $14 per tire and ordering cost is $76. The distributor operates 287 days a year.
a. What is the EOQ
b. How many times per year does the store reorder?
c. What is the length of an order cycle?
d. What is the total annual cost if the EOQ quantity is ordered?
Answers: 1
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A local distributor for a national tire company expects to sell approximately 10,160 tires of a cert...
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