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Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is 3 , 0
Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is units; carrying cost is $ per unit per year; order costs for his company typically run nearly $ per order; and lead time averages days.Assume working days per year. Part a The economic order quantity is unitsround your response to the nearest whole number Part b The average inventory is unitsround your response to the nearest whole number Part c The optimal number of orders per year is ordersround your response to the nearest whole number Part d The optimal number of working days between orders is days round your response to two decimal places Part e The total annual inventory costcarrying costordering cost is $enter your response here round your response to the nearest cent
Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is units; carrying cost is $ per unit per year; order costs for his company typically run nearly $ per order; and lead time averages days.Assume working days per year.
Part
a The economic order quantity is unitsround your response to the nearest whole number
Part
b The average inventory is unitsround your response to the nearest whole number
Part
c The optimal number of orders per year is ordersround your response to the nearest whole number
Part
d The optimal number of working days between orders is days round your response to two decimal places
Part
e The total annual inventory costcarrying costordering cost is $enter your response here round your response to the nearest cent
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