Optimum Period Of Supply Per Optimum Order

Rafael Cennamo Resources

Optimum Period Of Supply Per Optimum Order. Optimal order size is used in the management of the company's stock levels. The optimum order interval or optimum length of order cycleis an optimum period of time for which future demand should be covered.

inventory control & ABC analysis ppt
inventory control & ABC analysis ppt from www.slideshare.net

A manufacturer has to supply his customer with 600 units of his products per year. Your company pays $4 per unit to hold these candles in inventory, and the order cost comes in at $2 per purchase. The minimum average yearly cost.

Of orders per annum • average annual inventory cost (minimum) • optimum period of supply per optimum order answer:

And storage cost amounts to 60 paise per unit per year. Find • eoq • optimum no. The minimum average yearly cost. David has to supply to his customers 600 units per year.