The demand of a certain part is 1000 parts/year and its cost is 71000/part. The orders are placed based on the economic order quantity (EOQ). The cost of ordering is 100/order and the lead time for receiving the orders is 5 days. If the holding cost is 20/part/year, the inventory level for placing the orders is (round off to the nearest integer) parts. Ans. (14)

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
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The demand of a certain part is 1000 parts/year and its cost is 1000/part. The
orders are placed based on the economic order quantity (EOQ). The cost of ordering
is 100/order and the lead time for receiving the orders is 5 days. If the holding
cost is 20/part/year, the inventory level for placing the orders is
(round off to the nearest integer)
.parts.
Ans.
(14)
Transcribed Image Text:The demand of a certain part is 1000 parts/year and its cost is 1000/part. The orders are placed based on the economic order quantity (EOQ). The cost of ordering is 100/order and the lead time for receiving the orders is 5 days. If the holding cost is 20/part/year, the inventory level for placing the orders is (round off to the nearest integer) .parts. Ans. (14)
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