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