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Sache, Inc., expects to sell 700 of its designer suits every week. The store is open seven days a week and expects to sell the
Sache, Inc., expects to sell 700 of its designer suits every week. The store is open seven days a week and expects to sell the same amount of suits every day. The company has an EOQ of 500 suits and a safety stock of 100 suits. Once an order is placed, it takes it takes three days for Sache to get the suits in. How many orders does the company place per year? assume that it is Monday morning before the store opens, and shipment of suits has just arrived. When will Sache place its next order?
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