Longhorn Traders is one of the largest RV dealers in Austin, Texas, and sells about 2,800 recreational
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Longhorn Traders is one of the largest RV dealers in Austin, Texas, and sells about 2,800 recreational vehicles a year. The cost of placing an order with Longhorn’s supplier is $800, and the inventory carrying costs are $150 for each RV. The company likes to maintain safety stock of 12 RVs. Most of its sales are made in either the spring or the fall. How many orders will the firm need to place this year?
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Annual sales 2800 units Cost of placing an order 800 I...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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