The company manufactures stock especially for one industrial customer who regularly orders 1,000 worth (at marginal cost)
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The company manufactures stock especially for one industrial customer who regularly orders €1,000 worth (at marginal cost) at the end of each month. If the inventory carrying cost is 30% per year, and the reordering cost is €100, how many months’ stock should be made in each batch, and what average amount of stock will be carried?
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Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
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