Newtown Manufacturing,Inc.uses semi-hex joints in its manufacturing process.If Stein's total demand for the joints for next year is estimated to be 57,000 units,and if the cost per order is $225,what is Newtown's economic order quantity of semi-hex joints? Assume that carrying costs for semi-hex joints are $0.75 per unit.
A) 3,729
B) 3,987
C) 4,944
D) 5,848
Correct Answer:
Verified
Q163: Of the following EOQ model assumptions,the most
Q169: Inflation affects the EOQ model in all
Q171: Which of the following is NOT an
Q173: Which of the following is NOT a
Q175: In the basic EOQ model,the optimal inventory
Q176: Manfred Manufacturing is involved in the production
Q177: The Road Ready Riding,Inc.will use an estimated
Q179: In the EOQ model,carrying costs of inventory
Q186: The economic order quantity (EOQ)model is well
Q187: Fiesta Taco Company purchases 30,000 boxes of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents