Purchase Solution

Economic ordering, average inventory and total cost inventory.

Not what you're looking for?

Ask Custom Question

A corporation is trying to improve its inventory control system and has installed an on-line computer at its retail stores. The company anticipates sales of 126,000 units per year, and ordering cost $4 per order and carrying costs of $1.008 per unit.

A. what is the economic ordering quantity?
b. how many orders will be placed during the year?
c. what will the average inventory be?
d. what is the total cost of inventory expected to be?

Purchase this Solution

Solution Summary

The solution provides answers to questions on economic order quantities, average inventories and total costs of inventories.

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.