Demand for a popular athlete shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pairs $54. It costs $72 to place an order and annual holding costs are charged at 22% for the cost per unit. The lead time is two weeks.
A) What is the EOQ ?
B) What is the reorder point ?
C)What is the cycle time ?
D)What is the total annual cost ?
A) What is the EOQ ?
B) What is the reorder point ?
C)What is the cycle time ?
D)What is the total annual cost ?