Melinda Sholer has spent the past few weeks determining ...
Melinda Sholer has spent the past few weeks determining inventory costs for Toco, a toy manufacturer located near Taos, New Mexico. She knows that the annual demand will be 20,000 units per year and that carrying cost will be $0.50 per unit per year. Ordering cost, on the other hand, can vary from $40 per order to $50 per order. During the past 486 working days, Melinda has observed the following frequency distribution for the ordering cost. Melinda's boss would like Melinda to determine an EOQ value for each possible ordering cost and to determine an EOQ value for the expected ordering cost.
|ORDERING COST ($) | |
| |FREQUENCY |
|40 |24 |
|41 |34 |
|42 |44 |
|43 |56 |
|44 |76 |
|45 |66 |
|46 |64 |
|47 |45 |
|48 |44 |
|49 |23 |
|50 |10 |
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- news from the past week
- current events in the past week
- events in the past week
- news of the past week
- stock market the past week
- news within the past week
- what good has trump done the past 4 years
- the past perfect tense
- the past is history quote
- how new technology has affected the environment in a negative way
- has or had past tense
- over the past few years