Lean Manufacturing Blog » Lean Manufacturing » The Bozo Co. is reviewing their inventory management techniques and have come up with the following data on th
The Bozo Co. is reviewing their inventory management techniques and have come up with the following data on th
Mi asked:
a. Annual usage of units 125,000.
b. Ordering cost of $100 per order.
c. Carrying cost of 20% of the cost of inventory.
d. Cost of one unit $110.
How many orders will be placed during the year?
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Filed under: Lean Manufacturing · Tags: Bozo, Carrying Cost, Cost Of Inventory, Inventory Management, Management Techniques
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