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d) the demand during lead time is ____ books e) the re-oder point is ____ books f) the inventory position immediately after an order has
d) the demand during lead time is ____ books
e) the re-oder point is ____ books
f) the inventory position immediately after an order has been placed is ____ books
At Dot Com, a large retailer of popular books, demand is constant at 34,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $6.00 per book. Stock is received 6 working days after an order has been placed. No backordering is allowed. Assume 275 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number.) b. The optimal number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The optimal interval (in working days) between orders is days. (Enter your response rounded to one decimal place.)Step by Step Solution
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