BSOP 330 Week 4 Lab Assignments Chapter 12, problems 12.1, 12.5, 12.9, 12.15
Chapter 12, problems 12.1
L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company’s manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system?
Chapter 12, problems 12.5
William Beville’s computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand ,500 units/year
Ordering cost S = $25/order
Holding cost H = $4/unit/year
a) Calculate the EOQ for the workbooks.
b) What are the annual holding costs for the workbooks?