What are the annual holding costs for the workbooks


William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D = 19,500 units/year
Ordering cost S = $25/order
Holding cost H = $4/unit/year

a) Calculate the EOQ for the workbooks.
b) What are the annual holding costs for the workbooks?
c) What are the annual ordering costs?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: What are the annual holding costs for the workbooks
Reference No:- TGS078765

Expected delivery within 24 Hours