From the data in the table below, calculate the total annual cost using the economic order quantity model.
$\begin{array}{|l|l}
\hline \text { Data } & \
\hline \text { Annual Demand Rate } & 10,000 \
\hline \text { Ordering Cost } & \$ 150 \
\hline \text { Unit Cost } & \$ 16 \
\hline \text { Carrying Charge Rate } & 0.2 \
\hline \text { Order Quantity } & 1,000
\end{array}$

Question

From the data in the table below, calculate the total annual cost using the economic order quantity model.
 $\begin{array}{|l|l}
\hline \text { Data } & \
\hline \text { Annual Demand Rate } & 10,000 \
\hline \text { Ordering Cost } & \$ 150 \
\hline \text { Unit Cost } & \$ 16 \
\hline \text { Carrying Charge Rate } & 0.2 \
\hline \text { Order Quantity } & 1,000
\end{array}$

Quizplus · Accepted Answer

The Answer of From the data in the table below, calculate the total annual cost using the economic order quantity model.
 $\begin{array}{|l|l}
\hline \text { Data } & \
\hline \text { Annual Demand Rate } & 10,000 \
\hline \text { Ordering Cost } & \$ 150 \
\hline \text { Unit Cost } & \$ 16 \
\hline \text { Carrying Charge Rate } & 0.2 \
\hline \text { Order Quantity } & 1,000
\end{array}$

From the Data in the Table Below, Calculate the Total