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EOQ Model Inventory Analysis Report by SERGIO SANDOVAL GAMBOA is a document available to read on EtoBox.

What is EOQ Model Inventory Analysis Report about?

The document summarizes an economic order quantity (EOQ) model. It provides data on annual demand, setup costs, holding costs, and unit price. The model calculates the optimal order quantity as 70.71 units, with a maximum inventory of 70.71 units and average inventory of 35.36 units. It determines the number of orders per year would be 42.43 and the total annual costs as $3,394.11, which is the sum of annual holding and ordering costs. A cost table is also provided to analyze sensitivity at different order

Author

SERGIO SANDOVAL GAMBOA

Language

EN