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Gabby Corporation experiences relatively constant demand of 24,493 units per year for one of its products. The product, a coffee-making machine, costs the business $173.
Gabby Corporation experiences relatively constant demand of 24,493 units per year for one of its products. The product, a coffee-making machine, costs the business $173. Placing an order costs $175 and annual carrying costs are $2 per unit. The company works 200 days per year and desires a safety stock of 226 units. The lead time for an order is 14 working days. The economic order quantity for Gabby is __________.
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