Diagnostic Supplies has expected sales of 115,600 units per year, carrying costs of $1 per...

60.1K

Verified Solution

Question

Finance

image
Diagnostic Supplies has expected sales of 115,600 units per year, carrying costs of $1 per unit, and an ordering cost of $8 per order. o. What is the economic ordering quantity? Economic ordering quantity b-1. What is the average inventory? Average inventory units b-2. What is the total carrying cost? Total carrying cost Assume an additional 60 units of Inventory will be required as safety stock.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students