Question
Genes CO, in Pueblo, stocks workbooks with the following characteristics: Annual demand = 5000/year, Ordering cost = $50/order, Holding cost = $2/unit. The company operates
Genes CO, in Pueblo, stocks workbooks with the following characteristics:
Annual demand = 5000/year, Ordering cost = $50/order, Holding cost = $2/unit.
The company operates 325 days per year, and the lead time to receive an order from the supplier is 2 working days.
How many orders can the company make per year to minimize total inventory cost?
A.
10
B.
50
C.
100
D.
500
E.
1000
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Project management the managerial process
Authors: Eric W Larson, Clifford F. Gray
5th edition
73403342, 978-0073403342
