Average The Wendy's Company hourly pay ranges from approximately $7.25 per hour for Closer to $22.62 per hour for Maintenance Technician. The average The Wendy's Company salary ranges from approximately $14,500 per year for Cashier to $77,764 per year for Restaurant Manager. Salary information comes from 7,070 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 12 months.
How much firm save annually in carrying cost using eoq A produce distributor uses 800 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ?
Annual demand is 20,000 units so the company will have to place 16 orders (= annual demand of 20,000 divided by order size of 1,265). Total ordering cost is hence $64,000 ($400 multiplied by 16). Average inventory held is 632.5 ((0+1,265)/2) which means total carrying costs of $6,325 (i.e. 632.5 Ã $10).he company has a demand for 20,000 units per year. Calculate the order size, total orders required during a year, total carrying cost and total ordering cost for the year.