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Bright Ideas Electronics is a new company that makes LED light bulbs. They're trying to figure out how to manage their stock of bulbs better
Bright Ideas Electronics is a new company that makes LED light bulbs. They're trying to figure out how to manage their stock of bulbs better so they can save money and make sure they have enough for customers. They found out they need about a million bulbs a year. They looked at what it costs to order bulbsabout $ each timeand how much it costs to keep them in storage, which is about $ per bulb per year. They have reliable supplier who gives them the needed bulbs immediately when needed. Now, armed with all this info, Bright Ideas Electronics is working out the best way to order their bulbs so they can save money, keep enough in stock, and do well in the competitive market for lighting products.
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