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The Campus Clinic provides health services to students at a public university. The clinic stocks hypodermic needles for routine inections. However, storage space for inventory
The Campus Clinic provides health services to students at a public university. The clinic stocks hypodermic needles for routine inections. However, storage space for inventory is tight and the clinic wants to lower its costs. The annual demand is 1200 hypodermic needles, with an order cost of $10 per order and a holding cost of $.50 per needle. The lead time for ordering needles is 5 days. Use the fixed-order quantity model to determine the optimal order quantity per order. Round your answer to the nearest whole number. A Assuming the clinic is open 340 days per year, what is the ROP for hypodermic needles? Round your answer to the nearest whole number
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