Machine setup costs are 50 carrying costs are 25 percent


An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units. Machine setup costs are $50, carrying costs are 25 percent per year, and the part is valued in inventory at $35 each. Find EOQ and optimum time between orders.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Machine setup costs are 50 carrying costs are 25 percent
Reference No:- TGS0563460

Expected delivery within 24 Hours