* Vol) 4G· LTE1ll 84% 1 4:44 PMYouJust nowA company makes and sells keyboardsfor $1000 each. The annualholding cost is 10%. of the sale price.Annual demand is 10,000 units.The company is open 300 days of theyear and can make 60 keyboardsper day. The order setup cost is $150 perorder. Determine thefollowing:1. The economic order quantity.2. The production downtime.3. The number of orders/year.4. The order cycle5. The annual ordering cost.

Formula to calculate EOQ EOQ = 2DSH x (1-(dp))

Answered: A company makes and sells keyboarc

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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