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26.06.2020 •
Business
Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has estimated the annual demand for this model at 1,700 units. His cost to carry one unit is $110 per year per unit, and he has estimated that each order costs $26 to place. Using the EOQ model, how many should Ray order each time
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Ответ:
Ray should per time = 28.35 units
Explanation:
The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using the formulae below
EOQ = √ (2× Co× D)/Ch
Co- Ordering cost, Ch- Carrying cost - D- Annual demand
Co = 26, Ch- 110, D= 1,700
EOQ = √(2×26×1,700)/110=28.34
EOQ = 28.35 units
Ray should per time = 28.35 units
Ответ:
To find the area of the rectangular prism, use the formula:
A = width x height x length
A = 2 x 2 x 3
A = 12
Now multiply A with 0.75
12 x 0.75 = 9
x = 9 in³
hope this helps