What is the total annual costs of managing the inventory, Operation Management

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What is the total annual costs of managing the inventory

Discount -Martas part of its new JIT program has signed a long term conrtact with speciality lighting and will pace orders electronically for its halogen lamps. Annual demand is 2,000 lamps, ordercost per order is $.50 and carrying costs are $20.00 per lamp. (A) What is EOQ? (B) How many orders willnow be palced? (C) What is the total annual costs of managing the inventory with this policy?

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Operation Management: What is the total annual costs of managing the inventory

Reference No:- TGS082005

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Operation Management: What is the total annual costs of managing the inventory

Reference No:- TGS082005

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is the total annual costs of managing the inventory

Reference No:- TGS082005

Recent Questions Asked Operation Management

Q : Variety of fairly common human genetic diseases

Q : How would the supplier-s reputation affect the plan

Q : Adjustment to record bad debts for the period based problem

Q : Most text books will say concepts

Q : What is the total annual costs of managing the inventory

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Q : What is the amount of bad debt expense for that period

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Q : How expectations of quality differ as an incoming inspector

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