This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Q = Order Quantity/order Relationships: N = D/Q and Q = D/N Ordering Cost = C o ( D/Q ) Holding Cost = C h ( Q /2) Annual Holding and Ordering Cost = C o (D/Q) + C h (Q/2) Economic Order Quantity (EOQ): h o C D C Q 2 * = Cost as a Function of Order Quantity...
View Full Document
- Spring '10