Abey Kuruvilla, of Parkside Plumbing, uses 1200 of a certain spare part that costs $24 for...
Abey Kuruvilla, of Parkside Plumbing, uses 1200 of a certain spare part that costs $24 for each order, with an annual holding cost of $23. a) Calculate the total cost for order sizes of 25, 40, 50, 60, and 100 (round your responses to two decimal places).
Order Size Total Cost
25
40
50
60
100
Homework Answers
Total cost = Order cost + Holding cost = (D\Q)*S +(Q/2)*H
For Q = 25; 
+ 
=
$1,439.5
For Q = 40; 
+ 
= $1,180
For Q = 50; 
+ 
= $1,151
For Q = 60; 
+ 
= $1,170
For Q = 100; + 
= $1,438
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