Question
One Question! At Dot Com, a large retailer of popular books, demand is constant at 20,400 books per year. The cost of placing an order
One Question!
At Dot Com, a large retailer of popular books, demand is constant at 20,400 books per year. The cost of placing an order to replenish stock is
$8, and the annual cost of holding is $5.00 per book. Stock is received 2 working days after an order has been placed. No backordering is allowed. Assume 325 working days a year.
a. Dot Com's optimal order quantity is enter your response here books. (Enter your response rounded to the nearest whole number.)
b. The optimal number of orders per year is Order. (Enter your response rounded to the nearest whole number.)
c. The optimal interval ( In working days) between orders is days ( Enter your response rounded to the nearest whole number.)
d. The demand during lead time is books ( enter your response rounded to the nearest whole number.)
e. The reorder point is books. (Enter your response rounded to the nearest whole number.)
f. The inventory position immediately after an order has been placed is books. ( (Enter your response rounded to the nearest whole number.)
ONE QUESTION
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started