maandpa1227
Aug 31, 2007, 10:17 AM
Is anyone familiar with supply chain problems. I am not sure about my answer.
Fisk Corporation is trying to improve its inventory control system and has installed an on-line computer at its retail stores. Fisk anticipates sales of 75,000 units per year, an ordering cost of $8 per order, and carrying costs of $12.0 per unit.
a. What is the economic ordering quantity? 781
b. How many orders will be placed during the year? = 123
c. What will the average inventory be? =
d. What is the total cost of ordering and carrying inventory? = $96.00 per unit
Fisk Corporation is trying to improve its inventory control system and has installed an on-line computer at its retail stores. Fisk anticipates sales of 75,000 units per year, an ordering cost of $8 per order, and carrying costs of $12.0 per unit.
a. What is the economic ordering quantity? 781
b. How many orders will be placed during the year? = 123
c. What will the average inventory be? =
d. What is the total cost of ordering and carrying inventory? = $96.00 per unit