Operations management
aleas1
MGMT345_IP_Template.xlsxSheet1
| Annual demand | 2,500 | |
| Holding cost—per bracket, per year | $1.50 | |
| Order cost, per order | $18.75 | |
| Lead time | 2 Days | |
| Working days per year | 250 | |
| 1 | Economic order quantity | |
| 2 | Average inventory | |
| Annual holding cost | ||
| 3 | Orders per year | |
| Annual order cost | ||
| 4 | Total cost of inventory | |
| 5 | Time between orders | |
