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Based on the following information calculate the Economic Order Quantity. Round to 0 decimal points at the end of the problem Prepare the purchase order at the plant

Based on the following information, calculate the Economic Order Quantity. Round to 0 decimal points at the end of the problem Prepare the purchase order at the plant =====→ $80 ► Receiving the purchase order at the warehouse ===> $30 ► Warehouse renting cost per unit ===> $8 > Transportation cost per order ======→$ 120 Material Value ====→ $250 ► Market Share Interest =========→ 10% > Four months usage =====> 1,500 units ► There are 12 months per year, each month has 4 weeks and each week has 5 days Answer

Aug 22 2020 View more View Less

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