TASK3-QAT1-WGU. 2013
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Task: A. Determine the order size for Company A in the given scenario that would minimize total annual cost by using the economic order quantity model, showing all of your work. 1. Describe the process used to obtain the answer for part A for an audience not familiar with the formula. B. Determine the lot size for Company B in the given scenario that would minimize total annual cost by using the economic production lot size model, showing all of your work. 1. Describe the process used to obtain the answer for part B for an audience not familiar with the formula. Formulas:
11 years ago
