Question
Sach, Inc., expects to sell 1,260 of its designer suits every week. The store is open seven days a week and expects to sell the
Sach, Inc., expects to sell 1,260 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 1,060 suits and a safety stock of 180 suits. Once an order is placed, it takes three days for Sach to get the suits in. |
Requirement 1: |
How many orders does the company place per year? (Round your answer to 2 decimal places (e.g., 32.16).) |
Orders per year | times |
Requirement 2: | |
Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. When will Sach place its next order? After the close of business on Firday? After the close of business on Monday? After the close of business on Wednesday? or immmediatley? |
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