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The Super Discount store sells packs of paper towels, at the rate of approximately 60 packs per day. The annual cost to hold them in
The Super Discount store sells packs of paper towels, at the rate of approximately 60 packs per day. The annual cost to hold them in inventory is estimated at $0.50 per pack. The cost to place an order for more is $20. Assuming 300 working days in a year, what is the optimal time between orders (in days)? Round your final answer to the nearest integer.
A. | 4 | |
B. | 20 | |
C. | 17 | |
D. | 1 |
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