Using the data below, find the economic order quantity (EOQ), the total annual cost associated with the economic order quantity, and the reorder point.
$\begin{array}{|l|l|}
\hline\text { Annual Demand: } & 8,000 \text { units } \
\hline \text { Weeks Operating: } & 52 / \text { year } \\hline \text { Ordering Cost: } & \$ 35 / \text { order } \
\hline \text { Holding Cost: } & \$ 4 / \text { unit/year } \
\hline \text { Lead Time: } & 3 \text { weeks }\
\hline
\end{array}$

Question

Using the data below, find the economic order quantity (EOQ), the total annual cost associated with the economic order quantity, and the reorder point. 
$\begin{array}{|l|l|}
\hline\text { Annual Demand: } & 8,000 \text { units } \
\hline \text { Weeks Operating: } & 52 / \text { year } \\hline \text { Ordering Cost: } & \$ 35 / \text { order } \
\hline \text { Holding Cost: } & \$ 4 / \text { unit/year } \
\hline \text { Lead Time: } & 3 \text { weeks }\
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Using the data below, find the economic order quantity (EOQ), the total annual cost associated with the economic order quantity, and the reorder point. 
$\begin{array}{|l|l|}
\hline\text { Annual Demand: } & 8,000 \text { units } \
\hline \text { Weeks Operating: } & 52 / \text { year } \\hline \text { Ordering Cost: } & \$ 35 / \text { order } \
\hline \text { Holding Cost: } & \$ 4 / \text { unit/year } \
\hline \text { Lead Time: } & 3 \text { weeks }\
\hline
\end{array}$

Using the Data Below, Find the Economic Order Quantity (EOQ)