A company is planning for its financing needs and uses the basic fixed-order quantity inventory model.
What is the total cost (TC) of the inventory given an annual demand of 10,000, setup cost of $32, a holding cost per unit per year of $4, an EOQ of 400 units, and a cost per unit of inventory of $150?© BrainMass Inc. brainmass.com October 10, 2019, 5:44 am ad1c9bdddf
Please see the attached Excel file. Thanks
Annual Demand 10000 units
Cost per unit $150 ...
Provides steps necessary to create a fixed order quantity inventory model.