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Antique manufacturers old-fashioned, rotary telephones for use in movie scenes (and other displays). Worldwide demand is 44,000 phones per year. The rotary dial on each phone costs $0.75. Set up costs are $8. The carrying costs are 12%. 1. What is the economic order quantity (EOQ)?968.85 2. What are the annual order costs? 363.32 3. What are the annual carrying costs?46,200 4. If Antique operates 250 eight-hour days per year and the lead time is eight days, what is the ROP?
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Antique manufacturers old-fashioned, rotary telephones for use in movie scenes (and other displays)....
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