It takes approximately 8 working days for an order of number 6 screws to arrive once the
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It takes approximately 8 working days for an order of number 6 screws to arrive once the order has been placed. The demand for number 6 screws is fairly constant, and on the average, Lila has observed that her brother's hardware store sells 500 of these screws each day. Because the demand is fairly constant, Lila believes that she can avoid stockouts completely if she only orders the number 6 screws at the correct time. What is the ROP?
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Quantitative Analysis For Management
ISBN: 162
11th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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