Introduction to Materials Management 8th Edition by Steve Chapman ,Tony Arnold ,Ann Gatewood ,Lloyd Clive

تمرين 16

An item has a weekly demand of 240 units throughout the year. The item has a unit value of $42 and the company uses 20% of the item value for the annual inventory cost. When ordered, the setup cost to produce an order is $600, and the production process is able to produce 500 per week and deliver them weekly as produced. What is the economic-order quantity?