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(EOQ)? What are the annual order costs? What are the annual carrying costs? If Antique operates 250 eight-hour days per year and the lead time is eight days, what is the ROP? 4. 2. 3.

(EOQ)? What are the annual order costs? What are the annual carrying costs? If Antique operates 250 eight-hour days per year and the lead time is eight days, what is the ROP? 4. 2. 3.

Practical Management Science
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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Problems: Antique manufacturers old-fashioned, rotary telephones for use in movie scenes (and other displays). Worldwide demand is 44,000 phones per year. The rotary dial on each phone costs $0.75. Set up costs are $8. The carrying costs are 12%. Your Answers What is the economic order quantity (EOQ)? 1. 2. What are the annual order costs? 3. What are the annual carrying costs? If Antique operates 250 eight-hour days per year and the lead time is eight days, what is the ROP? 4.
Transcribed Image Text:Problems: Antique manufacturers old-fashioned, rotary telephones for use in movie scenes (and other displays). Worldwide demand is 44,000 phones per year. The rotary dial on each phone costs $0.75. Set up costs are $8. The carrying costs are 12%. Your Answers What is the economic order quantity (EOQ)? 1. 2. What are the annual order costs? 3. What are the annual carrying costs? If Antique operates 250 eight-hour days per year and the lead time is eight days, what is the ROP? 4.
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