You supply 300000 small button batteries per year to, Operation Management

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You supply 300000 small button batteries per year to

You supply 300,000 small button batteries per year to Light-My-Way, Inc., manufacturer of LED dog collars. The setup cost is $50 and the holding cost is $0.04 per year per battery. You can produce 1500 batteries per day. You ship 750 per day to Light-My-Way, Inc

Questions:
1. Use EOQ to determine the order quantity?
2. Use EPQ to calculate the the order quantity?
3. What is the total annual inventory cost of the EPQ plan?

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Operation Management: You supply 300000 small button batteries per year to

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Operation Management: You supply 300000 small button batteries per year to

Reference No:- TGS0572117

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

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Ask an Expert for Answer!!

Operation Management: You supply 300000 small button batteries per year to

Reference No:- TGS0572117

Recent Questions Asked Operation Management

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