What are the eoq and the annual order and carrying


A manufacturer buys cardboard boxes from a supplier. the annual demand is 36,000 boxes and is uniformly distrbuted the boxes cost $4 each. the estimated oder cost is $6 and the carrying cost rate is 30%per year. What are the EOQ, and the annual order and carrying cost. How many times a year are orders placed and what is the average time in weeks between oders. useing the anser from B if you round the average time between orders to the nearest week what should the order quantity be would, would you recommend using this order quantity and time interval.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: What are the eoq and the annual order and carrying
Reference No:- TGS02892730

Expected delivery within 24 Hours