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Annual demand is 9600, cost per order is $65/order, annual holding (carrying) cost per unit is $3/unit, the company works 300 days a year and
Annual demand is 9600, cost per order is $65/order, annual holding (carrying) cost per unit is $3/unit, the company works 300 days a year and lead time demand (m) is 4 working days. If the company finds after analyzing the behavior of lead time demand and found that it is not constant and shows variability that takes a normal distribution with a mean of 160 and a standard deviation of 8. If the company allows shortages 2 times a year. The approximate number of orders per year is:
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