Carl Ivan A. Paulo Assignment Answers   Problem 1 Annual usage: 8000 boxes of syringe Cost of ordering: 10,250 per order Annual holding cost: 1000 pesos per year Lead time: 5 days Answer: EOQ:405 EOP: 110 ROT: 18 Conclusion: For maximum financial benefit and storage space utilization, order 405 syringes each time the inventory drops to 110 (about every 18 days)   Problem 2 Annual usage: 2000 boxes of red top tubes Cost of ordering: 4350 per order Annual holding cost: 2000 pesos per year Lead time: 10 days Answer: EOQ: 93… Read More