Stein Corporation 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 Stein's economic order quantity of semi-hex joints? Assume that carrying costs for semi-hex joints are $0.75 per unit.

Question

Quizplus · Accepted Answer

The Answer of Stein Corporation 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 Stein's economic order quantity of semi-hex joints? Assume that carrying costs for semi-hex joints are $0.75 per unit.

Stein Corporation Uses Semi-Hex Joints in Its Manufacturing Process