on ohmlogist's office uses a fixed-order quantity inventory system to manage the inventory of disposable contact...

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on ohmlogists office uses a fixed-order quantity inventory system to manage the inventory of disposable contact lenses. The

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Answer 1

Answer #1

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Annual Demand (D)= 5760 pairs

Order Cost(S)= $54 / order

Holding Cost(H)= 3.20/pair per year

EOQ= 2 12 * D * SIH

уг * 5760 * 54/3.20

440.90=441 pairs

Option D is correct

Annual Total Cost= (D/Q)*S+(Q/2)*H

(5760/441)*54+(441/2)*3.2

705.31+705.6

=$1410.91

Option A is correct

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Answer 2

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on ohmlogist's office uses a fixed-order quantity inventory system to manage the inventory of disposable contact...

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