Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PharmaMart sells 100.000 boxes of a drug, Zapacat annaty Each box costs 590 each Costs to prepare and receive each shipment are estimated to be

image text in transcribed
PharmaMart sells 100.000 boxes of a drug, Zapacat annaty Each box costs 590 each Costs to prepare and receive each shipment are estimated to be 330 persen. The Supplier charges a shipping and handling fee of $100 per shipment. To ensure that the shipment meets quality, sach shipment is tested at a cost of $50. The carrying costs and cost of financing to store the inventory in the warehouse is estimated to be 53.1 per box What is the Economic Order Quantity (E0Q)? Enter only numbers: boxes Big Retailer sels 365,000 bags of grain a year and has an EQ of 30,000 bags. If the tag time between ordering a shipment and receiving a sent i 9 days and management also wants 1 day of safety stock. What should be the Order Point? Enter only numbers: bags

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investing All In One

Authors: Eric Tyson

1st Edition

1119376629, 978-1119376620

More Books

Students also viewed these Finance questions