Suppose the ABC trading wholesaler company distributes 20,400 TV each month. Each TV cost 1,200 birr and the processing of an order costs 13 birr per hour. 8 laborers are employed and works for 2 hours and 30 minutes to land and pack the cargo. Damage rate is 15% and transportation and expediting costs are assumed at 145 birr.
Required:
1.EOQ
2.Number of orders that must be placed
3.Interval between orders
4.Reorder quantity.​