Question
Sach, Incorporated, expects to sell 1,470 of its designer suits every week. The store is open seven days a week and expects to sell the
| Sach, Incorporated, expects to sell 1,470 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 1,120 suits and a safety stock of 210 suits. Once an order is placed, it takes three days for Sach to get the suits in. |
| How many orders does the company place per year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| 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? |
| multiple choice Monday Tuesday Wednesday Thursday Friday Saturday Sunday |
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Global Corporate Finance A Focused Approach
Authors: Suk Hi Kim, Kenneth A Kim
2nd Edition
9814618004, 9789814618007
