Suppose that your company supplies toothpaste to wal-mart


Suppose that your company supplies toothpaste to Wal-Mart, and they are your only customer. Wal-Mart orders its EOQ of 1,000 tubes each time they order. The annual demand for these tubes is 40,000 units. Your setup cost is $100 per order, and your annual holding cost is $0.50 per unit. What is your optimal order quantity and the associated annual total cost?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Suppose that your company supplies toothpaste to wal-mart
Reference No:- TGS01124994

Expected delivery within 24 Hours