Optimum Period Of Supply Per Optimum Order. A manufacturer has to supply his customers 600 units of his product per year. 15 economic order quantity optimum number of orders per annum average annual inventory cost (minimum).
(1) the economic order quantity. Storage is not allowed and the inventory carrying cost amounts $. 0.60 per unit per year.
(2) the minimum average yearly cost (3) the optimum number of orders per year (4) the optimum.
Download citation | the optimum settings for order quantity, process quality level, and warranty period | chen and liu’s (2007) [19] model presented the optimum profit model. Storage is not allowed and the inventory carrying cost amounts to 0.60 per unit per year. Shortages are not allowed and the storage cost amounts to re.0.60 per unit per year. A manufacturer has to supply his customers 600 units of his product per year.