Essay On Annual Inventory

Essay About Economic Order Quantity And Average Inventory
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Inventory Managment Answer of Question No. 4-1a ) The Economic order quantity can  be calculated as EOQ = [pic 1]A        =         2500                        =        19[pic 2]                        =        1.90[pic 3]Therefore     EOQ = [pic 4]                  = 223.60                 = 224 ( approximately )Given the EOQ, what is the average inventory?Average Inventory                 =  [pic 5]=  [pic 6]= 112What is the annual inventory holding.

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