In: Finance
The Crandall store begins each week with 500 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $45 per year and the fixed order cost is $90. What is the current total carrying cost What is the current restocking cost? What is the economic order quantity? How many orders per year will Crandall place under the new policy? Should Crandall increase or decrease its order size