Sad Clowns Inc supplies special makeup cases to a major circ

Sad Clowns Inc., supplies special makeup cases to a major circus. The circus orders its EOQ of 900 cases every two months. Sad clowns incurs setup costs of $500 every time it produces these cases, and its annual holding cost per case is $3. How many units should Sad Clowns produce in each batch? What is the total annual setup and holding cost for Sad Clowns using this policy?

Solution

Sad Clowns Inc., supplies special makeup cases to a major circus. The circus orders its EOQ of 900 cases every two months. Sad clowns incurs setup costs of $500

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site