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Mayzie's Masks, LLC has an annual demand for 1,000,000 masks and its operations are scheduled to run 50 weeks each year. The inventory holding cost
Mayzie's Masks, LLC has an annual demand for 1,000,000 masks and its operations are scheduled to run 50 weeks each year. The inventory holding cost is 5% of the product cost, which is $5. The cost to place a single order is $50. The lead time is 2 weeks. Additionally, there are 5,000 units in stock with scheduled receipts of 1000 units and 5900 back-ordered units. Assume constant demand and lead time. Since the firm has determined that the review interval will be based on cost trade-offs of the EOQ, how frequently should orders be placed each time? Every 0.02 week O Every 0.14 week Every 1.04 weeks O None of these answers Every week
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