The table given below shows the workings of EOQ

Parameter

Value

Demand rate(D)

4000

Setup/Ordering cost(S)

25

Holding cost(H)@10%

9

Unit

The table given below shows the workings of EOQ.

Hartpury University and Hartpury College

Operations and Supply Chain Management - Report

This document provides information about inventory control system including selling price, cost, shortage cost, excess cost, optimal number of trees to cut, reorder cost, holding cost, mean demand, lead time, service level, reorder point, safety stock, total annual cost, FIFO, LIFO, weighted average, scatter plot, and simple linear regression.

Statistics and Probability

Inventory Control System

This article discusses the effectiveness of the current ordering system, the possibility of improving it, major global issues relevant to strategic sourcing, quantitative and qualitative analysis, impact of less-than-perfect demand forecasts and volatility in transport services, and strategic sourcing process for Desklib.

Business Development

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This document provides solutions and explanations for various questions related to inventory control system. It covers topics such as batch size, expected profit, reorder level, safety stock, and more. The solutions are provided in a step-by-step manner, making it easy to understand and implement.

This article covers topics like EOQ, reorder point, impact of lead time, strategic profit model and more. It also includes solved assignments, essays, and dissertations on inventory management. Course code, course name, and college/university are not mentioned.

The table given below shows the workings of EOQ.