Explore BrainMass

Explore BrainMass

    EOQ Model

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Computer training schools, stock workbooks with the following characteristics:

    Demand D = 19,500 units/year
    Ordering cost S = $25/order
    Holding cost H = $4/unit/year

    a) Calculate the EOQ for the workbooks?
    b) What are the annual holding costs for the workbooks?
    c) What are the annual ordering costs?

    © BrainMass Inc. brainmass.com December 24, 2021, 5:03 pm ad1c9bdddf

    Solution Summary

    The solution discusses computer training schools and stock workbooks and determines the EOQ.