Birdd Company Uses 450 Units of a Part Each Year

question 18

Essay

Birdd Company uses 450 units of a part each year.The cost of placing one order is $10; the cost of carrying one unit in inventory for a year is $2.Birdd currently orders 90 units at a time. A. What is the annual ordering cost of Birdd's current policy?
B. What is the annual carrying cost of Birdd's current policy?
C. What is the total cost of Birdd's current policy?
D. What is the EOQ for Birdd?
E. What is the total inventory-related cost at the EOQ?

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Definitions:

Facial Expressions

Visual communications and cues conveyed through movements of the facial muscles.

Proxemics

The study of how people use space in communication, including personal distance and territorial behavior.

Chronemics

studies how time affects communication, including perceptions and value associated with time in different cultures.

Kinesics

The study of how body movements and gestures serve as a form of non-verbal communication.