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Shocking Wires, a local retailer of electrical supplies, faces demand for one of its SKUs at a constant rate of 3 4 comma 0 0
Shocking Wires, a local retailer of electrical supplies, faces demand for one of its SKUs at a constant rate of comma units per year. It costs Shocking Wires $ to process an order to replenish stock and $ per unit per year to carry the item in stock. Stock is received working days after an order is placed. Assume working days a year and no backordering is allowed.
a The demand during lead time is
enter your response here units. Enter your response rounded to the nearest whole number.
b The reorder point is
enter your response here units. Enter your response rounded to the nearest whole number.
c Shocking Wires' optimal order quantity is
enter your response here units. Enter your response rounded to the nearest whole number.
d The optimal number of orders per year is
enter your response here orders. Enter your response rounded to the nearest whole number.
e The optimal intervalin working days between orders is
enter your response here days. Enter your response rounded to one decimal place.
f The inventory position immediately after an order has been placed is
enter your response here units. Enter your response rounded to the nearest whole number.
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