Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given the information provided below, complete the following table: Annual demand 26,000 dozen Cost per order placed P30 Carrying cost 20% Price per dozen P7.80 Order Size (Dozen) 250 500 1,000 2,000 13,000 26,000 Number of orders Average inventory Carrying cost Order cost Total cost What is the EOQ?
Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given the information provided below, complete the following table:
Annual demand 26,000 dozen
Cost per order placed P30
Carrying cost 20%
Price per dozen P7.80
Order Size (Dozen) |
250 |
500 |
1,000 |
2,000 |
13,000 |
26,000 |
Number of orders |
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Average inventory |
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Carrying cost |
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Order cost |
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Total cost |
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What is the EOQ?
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Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given the information provided below, complete the following table:
Annual demand 26,000 dozen
Cost per order placed P30
Carrying cost 20%
Price per dozen P7.80
Order Size (Dozen) |
250 |
500 |
1,000 |
2,000 |
13,000 |
26,000 |
Number of orders |
? |
? |
? |
? |
? |
? |
Average inventory |
? |
? |
? |
? |
? |
? |
Carrying cost |
? |
? |
? |
? |
? |
? |
Order cost |
? |
? |
? |
? |
? |
? |
Total cost |
? |
? |
? |
? |
? |
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