Ordering of economic - Accounts Inventory Management

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Ordering of economic - Accounts Inventory Management Powered By Docstoc
					              Sub: Accounts                                                           Topic: Inventory Management



              Question:
               Economic ordering quantity computation

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              Calculate the EOQ/ELS for the following two cases.

              Raw Material LRM:

              Annual demand has historically been about 15,000 units. Each unit costs about $40. For the
              annual report, due out in June, the corporate accounting department calculates inventory-
              holding costs by multiplying the value of each item by 0.40. The Direc
				
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Description: Economic ordering quantity computation.
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