Bandeja paisa, (Paisa refers to a person from the Paisa Region and bandeja is Spanish for platter) with variations known as bandeja de arriero, bandeja montaÃ±era, or bandeja antioqueÃ±a, is a typical meal popular in Colombian cuisine, especially of the Antioquia department and the Paisa Region, as well as with the Colombian Coffee-Growers Axis, ( ...
For example, if a companyâs average inventory is $25,000 and the average inventory carrying cost is 20 percent, it will cost the company $5,000 per year to carry an average inventory of $25,000. An inventory holding cost that is 20 percent of the average value of inventory is probably too low.
Its ordering cost is $1,000 per order and its carrying costs are $3 per unit per year. The maximum usage per day could be 50 per day. Calculate economic order quantity, reorder level and safety stock.