An electronics firm has annual demand of 1,440 units, holding costs are 12.50% of the cost of the item per unit, per year, and ordering costs are $50. Each unit costs $80 to produce. Their present lot size is 60 units
How many orders will they place if they use the prsent lot size?
What is the average inventory if they use the present lot size?
What is the Annual Holding Costs if they use the present lost size?
What is the Annual Ordering Cost if they use the present lot size?