Q1/b -A company needs a certain type of inventory materials in a quantity of 150,000 pieces, the cost of each piece is 15 dinars, the cost of the order is 150 dinars, and the cost of storage, the return and taxes are 20%. Calculate the optimal order size to reduce cost and then calculate the number of orders and when the supply will be made for each order

Q1/b -A company needs a certain type of inventory materials in a quantity of 150,000 pieces, the cost of each piece is 15 dinars, the cost of the order is 150 dinars, and the cost of storage, the return and taxes are 20%. Calculate the optimal order size to reduce cost and then calculate the number of orders and when the supply will be made for each order

Precision Machining Technology (MindTap Course List)

2nd Edition

ISBN:9781285444543

Author:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Publisher:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Chapter2: Measurement, Materials, And Safety

Section2.5: Quality Assurance, Process Planning, And Quality Control

Problem 10RQ: If an X-bar chart graph falls below the LCL or rises above the UCL, a machining process is said to...

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