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Sentra in UCD purchases coffee beans directly from a roster at $9.00 per kilogram (kg). demand for coffee is constant over time with a demand
Sentra in UCD purchases coffee beans directly from a roster at $9.00 per kilogram (kg). demand for coffee is constant over time with a demand of 2600kgs per year. The annualized cost of storing 1kg of coffee is 2.50% of purchase cost. Placing an order costs $220 per order. What is the optimal order quantity (in kgs to 2 decimal places). Assume a safety stock of 20kgs of coffee for Sentra
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