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abbiedigings abbiedigings
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6 years ago
A product has a demand of 4000 units per year. Ordering cost is 20, and holding cost is 4 per unit per year. The EOQ model is appropriate.
 
  The cost-minimizing solution for this product will cost ________ per year in total annual inventory (holding and setup) costs.
  A) 400
  B) 800
  C) 1200
  D) Zero; this is a class C item.
  E) Cannot be determined because the unit price is not known.
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dancox000dancox000
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6 years ago
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abbiedigings Author
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6 years ago
Thanks
Turboturner
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Yesterday
You make an excellent tutor!
jamesbove
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2 hours ago
Thank you, thank you, thank you!
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