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f a factory uses 59,000 gallons of paint a year and ordering costs are $92 per o

ID: 326823 • Letter: F

Question

f a factory uses 59,000 gallons of paint a year and ordering costs are $92 per order and holding costs are $12.50 per gallons, then the optin what is the E00? (MUST SHOW WORK TO RECEIVE POINTS) ESSAY QUESTIONS DISCUSS EQUITY THEORY AND THE COMPONENTS OF EQUITY THEORY DISCUSS THE PATH GOAL THEORY AND ELABORATE ON THE FOUR KINDS LEADERSHIP STYLES THAT LEADERS USE DISCUSS THE TOPIC INVENTORY BY ELABORATING ON THE TYPES OF INVENTORY, MEASURING INVENTORY AND THE COST OF MAINTAINING INVENTORY 2018-04-05 09:27

Explanation / Answer

Annual Demand (D) = 59000 units

Ordering Cost(S) = $92

Holding Cost (H) = $12.5

So EOQ= ? (2DS)/H

? (2*59000*92)/12.5

932 units