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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

braziledison
Apr 4, 2008, 06:35 PM
What is supply chain

morgaine300
Apr 6, 2008, 02:12 PM
You might do better posting this under accounting, or under the acc & finance in homework help. This is actually cost accounting stuff.

I don't know what the chances are of getting an answer. It's not my specialty area and I only do cost stuff at more of a principals level, and this is more advanced junk. (I hated when I learned it, barely memorized it for the test, and certainly don't remember it now. LOL.) But you might have a better shot moving it from finance.