Having problems solving this because I can not determine "S" Here is the problem.
ABC Corporation purchases 1,200,000 units per year of a component. The fixed cost per order is $25. The annual carrying cost of the item is 27% of its $2 cost.
A) Determine the EOQ cost under the following conditions: (1) No changes,
(2) order cost of zero, and (3) carrying cost of zero
B). what do your answers illustrate about the EOQ Model.
I have attached a file of the work I have done. Any help would be greatly appreciated.© BrainMass Inc. brainmass.com June 3, 2020, 9:06 pm ad1c9bdddf
Excel file contains calculation of EOQ cost under the following conditions:
(1) No changes,
(2) order cost of zero, and
(3) carrying cost of zero