A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days the plant operates. Annual holding cost is P27 per chip and ordering cost is P1,080. Lead time = 1 week. 1. Find the EOQ.

A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days the plant operates. Annual holding cost is P27 per chip and ordering cost is P1,080. Lead time = 1 week. 1. Find the EOQ.

Name: A toy manufacturer uses approximately32,000 silicon chips annually. T
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Description: A toy manufacturer uses approximately32,000 silicon chips annually. The chips areused at a steady rate during the 240 daysthe plant operates. Annual holding cost isP27 per chip and ordering cost is P1,080.Lead time = 1 week.1. Find the EOQ.2. Find t

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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