Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer question 2 for me Each year the Bluestone Company purchases 2,793 bridles at a cost of $56.99 each. The cost of placing an

please answer question 2 for me
image text in transcribed
Each year the Bluestone Company purchases 2,793 bridles at a cost of $56.99 each. The cost of placing an order is $32, and the cost to hold the item for a year is 18% of the unit cost. Each year has 240 working days. Determine the economic order quantity, in bridles. 97 bridles 132 bridles 114 bridles 240 bridles 183 bridles Question 2 10pts For the conditions of problem 2, what is the average number of bridles in inventory, assuming that the minimum inventory level is zero? 3.761 brides 4,793 brides 4,827 brides 66 bridiles 132 brides Each year the Bluestone Company purchases 2,793 bridles at a cost of $56.99 each. The cost of placing an order is $32, and the cost to hold the item for a year is 18% of the unit cost. Each year has 240 working days. Determine the economic order quantity, in bridles. 97 bridles 132 bridles 114 bridles 240 bridles 183 bridles Question 2 10pts For the conditions of problem 2, what is the average number of bridles in inventory, assuming that the minimum inventory level is zero? 3.761 brides 4,793 brides 4,827 brides 66 bridiles 132 brides

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

Tourism Supply Chain Management

Authors: Haiyan Song

1st Edition

0415581567, 9780415581561

More Books

Students also viewed these General Management questions