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DRX Inc.'s main selling product has an yearly demand of 18,700 units. The cost of placing an order is $35, and the annual cost of
DRX Inc.'s main selling product has an yearly demand of 18,700 units. The cost of placing an order is $35, and the annual cost of holding is $2.00 per unit. Stock is received 12 working days after an order has been placed. No backordering is allowed. Assume 365 working days a year. a. DRX Inc. economic order quantity is units. (Enter your response rounded to the nearest whole number.) b. The number of orders per year is orders! (Enter your response rounded to the nearest whole number.) c. The time between orders (in working days) is days. (Enter your response rounded to one decimal place.) d. The reorder point is units. (Enter your response rounded to the nearest whole number.) e. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.) a. DRX Inc. economic order quantity is units. (Enter your response rounded to the nearest whole number.) b. The number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The time between orders (in working daysyjis days. (Enter your response rounded to one decimal place.) d. The reorder point is units. (Enter your response rounded to the nearest whole number.) e. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.) f. The total annual inventory cost (i.e. cost of holding + ordering) for DRX In if it orders as per EOQ is $ (Enter your response rounded to one decimal place.)
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