If the demand for boots is 12,000 boots per year, and the EOQ for a retailer turns out to be 2,400 boots per order, what is the average amount of cycle inventory held by the retailer? Answer: ____ boots.数值题

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Question at position 22 Given the following information, what is the EOQ for this company: Average demand per week =  135 The ordering cost =  $135 The inventory holding rate per year =  4% Unit cost = $50 Assume 50 weeks per year975 units955 units305 units191 units

Question at position 20 The annual demand of a certain item is 5,400 units and the computed EOQ is 900 units. What will be the time between orders in months?6 months 4 months3 months 2 months

Vilas County Hospital consumed 400 boxes of bandages per week last year. The price of bandages was $80 per box, and the hospital operates 52 weeks per year. The cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. Last year the hospital ordered bandages, on average, once every two weeks, each time ordering 800 boxes. What extra cost did the hospital incur that could have been avoided if the EOQ concept had been applied?

EOQ should be used if you use a make-to-order strategy and the customer specifies that the entire order be delivered in one shipment.

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