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Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders
Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders (T*) in weeks. ON-6 times per year, T*= 8.67 weeks ON=6 times per year, T*= 0.167 weeks ON=0.167 times per year, T*= 6 weeks ON-8.67 times per year, T*= 6 weeks ON-6 times per year, T*= 60.83 weeks
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