The following information has been recorded for Model B manufactured by JKL Enterprises:
|
Annual ordering costs |
$4,000 |
|
Annual carrying costs |
$6,000 |
|
Average inventory level of Model B |
300 |
|
Orders per year |
40 |
|
Average daily demand |
36 |
|
Working days per year |
250 |
The EOQ for Model B is
- 1,639
- 300
- 110
- None of the above