question archive the following problems related to Inventory Management1
the following problems related to Inventory Management1
Subject:ManagementPrice: Bought3
the following problems related to Inventory Management1. A produce distributor uses 2400 packing crates per year. The manager has assigned an annual carrying cost of $4 per crate. Ordering cost is $20.(a) How much is the order quantity based on EOQ model?(b) How much is the total cost using EOQ model?
