Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Transcribed Image Text:William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D
19,000 units/year
Ordering cost S $23/order
Holding cost H
$4/unit/year
a) The EOQ for the workbooks is
(round your response to the nearest whole number).
b) What are the annual holding costs for the workbooks? $ (round your response to the nearest whole number).
c) What are the annual ordering costs? $
(round your response to the nearest whole number).
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