Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2 comma 250...
Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2 comma 250 rolls. The cost per roll is $1 comma 000 , and the annual holding cost is 20 percent of the cost. Each order costs $35 . a. How many rolls should Yellow Press order at a time? Yellow Press should order nothing rolls at a time. (Enter your response rounded to the nearest whole number.)
Homework Answers
EOQ = SQRT(2 * DEMAND * ORDERING COST / HOLDING COST)
EOQ = SQRT(2 * 2250 * 35 / 200) = 28.06
Yellow press should order 28 rolls at a time.
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