Queen Manufacturing uses 1,900 switch assemblies per week and then reorders another 1,900. Assume the relevant carrying cost perswitch assembly is $5.60 and the fixed order cost is $605.a. Calculate the carrying costs.Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.b. Calculate the restocking costs.Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.c. Calculate the economic order quantity.Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.d. Calculate the EOQ number of orders per year.Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.a. Carrying costsb. Restocking costsc. Economic order quantityd. Number of orders

a. Carrying CostsCarrying cost is calculated as the average inventory level multiplied by the…

Answered: Queen Manufacturing uses 1,900 switch…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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