The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in minicomputers. The unit
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The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in minicomputers. The unit cost of each transistor is \($10,\) and the cost of carrying one transistor in inventory for a year is \($3.\) Ordering cost is \($30\) per order.
What are
(a) the optimal order quantity,
(b) the expected number of orders placed each year, and
(c) the expected time between orders? Assume that Fisher operates on a 200-day working year.
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Operations Management Sustainability And Supply Chain Management
ISBN: 234357
12th Edition
Authors: CHUCK MUNSON & AMIT SACHAN AND . JAY HEIZER , BARRY RENDER
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