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:
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?
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