OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
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Chapter 14, Problem 4P

a)

Summary Introduction

To analyze: The effect on EOQ and total cost due to a 40% increase in demand.

Introduction:

Economic order quantity (EOQ):

EOQ is the quantity of units that must be ordered at a time to an inventory to lessen the total costs of inventory. It is calculated to identify the ideal quantity of units depending on the demand.

b)

Summary Introduction

To analyze: The effect on EOQ and total cost due to a 20% increase in carrying cost.

Introduction:

Economic order quantity (EOQ):

EOQ is the quantity of units that must be ordered at a time to an inventory to lessen the total costs of inventory. It is calculated to identify the ideal quantity of units depending on the demand.

c)

Summary Introduction

To study: The relationship between the lot size and carrying cost.

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Chapter 14 Solutions

OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)

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