Inventory EOQ Model
Input Data
Demand rate, D 499.5
(in thousands of feet)
Ordering cost, Cs$50.00
Total ordering cost $719.01
Internet Case: Laplace Power & Light Co. (Optimal)
Inventory EOQ Model
Input Data
Demand rate, D 499.5
(in thousands of feet)
Ordering cost, Cs$50.00
Results
Economic order quantity, Q* 41.625
Total holding cost $861.64
Total ordering cost $600.00
Internet Case: Laplace Power & Light Co. (Current)