a) If you are an engineer for an automobile company, the annual requirements for spare parts are 3800 units for the assembly section. The cost of each item is 10 RO and the ordering cost is 0.35 RO. Storage cost is 14 % of an item cost. Find a-i) Economic order quantity. a-ii) Optimum cost. b) In the above problem if the supplier is offering a discount of 18 % of the item cost, the storage cost will increase to 15 %. then, Find: b-i) Economic order quantity; b-ii) Optimum cost. a-i) Economic order quantity a-ii) Optimum cost b-i) Economic order quantity b-ii) Optimum cost
a) If you are an engineer for an automobile company, the annual requirements for spare parts are 3800 units for the assembly section. The cost of each item is 10 RO and the ordering cost is 0.35 RO. Storage cost is 14 % of an item cost. Find a-i) Economic order quantity. a-ii) Optimum cost. b) In the above problem if the supplier is offering a discount of 18 % of the item cost, the storage cost will increase to 15 %. then, Find: b-i) Economic order quantity; b-ii) Optimum cost. a-i) Economic order quantity a-ii) Optimum cost b-i) Economic order quantity b-ii) Optimum cost
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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