The Crandall store begins each week with 260 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $27 per year and the fixed order cost is $54. What is the current total carrying cost? (Omit $ sign in your response.) Carrying costs 2$ What is the current restocking cost? (Omit $ sign in your response.) Restocking costs 2$ What is the economic order quantity? (Round the answer to the nearest whole number.) EOQ How many orders per year wilI Crandall place under the new policy? (Do not round intermediate calculations. Round the answer to the nearest whole number.) Orders per year times Should Crandall increase or decrease its order size? O Increase O Decrease

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The Crandall store begins each week with 260 phasers in stock. This stock is depleted each week and reordered. The carrying cost
per phaser is $27 per year and the fixed order cost is $54.
What is the current total carrying cost? (Omit $ sign in your response.)
Carrying costs
What is the current restocking cost? (Omit $ sign in your response.)
Restocking costs
$
What is the economic order quantity? (Round the answer to the nearest whole number.)
EOQ
How many orders per year will Crandall place under the new policy? (Do not round intermediate calculations. Round the answer to
the nearest whole number.)
Orders per year
times
Should Crandall increase or decrease its order size?
Increase
Decrease
Transcribed Image Text:The Crandall store begins each week with 260 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $27 per year and the fixed order cost is $54. What is the current total carrying cost? (Omit $ sign in your response.) Carrying costs What is the current restocking cost? (Omit $ sign in your response.) Restocking costs $ What is the economic order quantity? (Round the answer to the nearest whole number.) EOQ How many orders per year will Crandall place under the new policy? (Do not round intermediate calculations. Round the answer to the nearest whole number.) Orders per year times Should Crandall increase or decrease its order size? Increase Decrease
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