Ironwood Co. uses a specialized designed bracket to hold joiststo

Ironwood Co. uses a specialized designed bracket to hold joiststogether. It uses 2500 of t

Ironwood Co. uses a specialized designed bracket to hold joiststogether. It uses 2500 of t

Answer (UnSolved)

Ironwood Co. uses a specialized designed bracket to hold joiststogether. It uses 2500 of t

Answer (UnSolved)

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Home / Questions / Ironwood Co. uses a specialized designed bracket to hold joiststogether. It uses 2500 of t

Ironwood Co. uses a specialized designed bracket to hold joiststogether. It uses 2500 of these brackets every year. Best has giventhis order to a small entrepreneur in 2-hour drive range.

The following is the pertinent information about thisbracket:
Annual demand				2500
Holding cost/bracket/year				$1.50
Order Cost/Order				XXX
Lead Time				2 Day
Working days/year				250

Abhinav 04-Dec-2019

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X = 32

Fill in this number and answer the following:

a. What is the EOQ order size?

b. Given the EOQ above, what would be the average quantity ofthis bracket in Best's inventory?

c. What would be the reorderpoint?