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Tiêu đề Economic Order Quantity (EOQ) Exercises
Chuyên ngành Inventory Management
Thể loại Exercise
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The cost to place an order is $50, and the holding cost per unit per year is $2.. Calculate the EOQ and the total number of orders per year.. It costs $200 to place an order and $10 per

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Chapter 2 – ECONOMIC ORDER QUANTITY EXERCISES

1 A company has an annual demand for 10,000 units of a product The

cost to place an order is $50, and the holding cost per unit per year is

$2 Find the Economic Order Quan2ty (EOQ)

2 A retailer has an annual demand for 5,000 units of a product The

ordering cost is $100 per order and the holding cost is $0.75 per unit per

year Calculate the EOQ and the total number of orders per year

3 A manufacturer needs 20,000 units of raw material annually It costs

$200 to place an order and $10 per unit annually to keep it in stock

What is the EOQ?

4 A bookstore has an annual demand for a parBcular book of 1,200 copies

The cost to place an order is $25, and the holding cost per book per year

is $5 Calculate the EOQ and the total cost of inventory management (considering only ordering and holding costs)

5 A toy manufacturer has a constant demand for one of its popular toys

at 8,000 units per year Each order placed has a cost of $150, and the

cost to hold one unit in inventory for a year is $2.50 Calculate the EOQ and determine the frequency of orders per year

6 A computer parts supplier needs to reorder CPUs The annual demand

is 10,000 CPUs, each order costs $500, and the holding cost is $25 per

CPU per year Find the EOQ and the total annual cost of managing the inventory

7 A fashion retailer has a demand for 24,000 units of a specific jacket

annually It costs them $75 to make an order and $3.50 to hold one

jacket for a year in the warehouse Determine the EOQ and the number of orders they should place each year

8 A business experiences seasonal fluctuaBons in demand for a parBcular

item, with the following quarterly demands: Q1 - 3,000 units, Q2 - 5,000 units, Q3 - 4,000 units, Q4 - 2,000 units The ordering cost is $150 per

order, and the holding cost is $10 per unit per year Calculate the op2mal order quan2ty for each quarter and the total cost associated with inventory management annually

Ngày đăng: 01/09/2024, 17:07