Question
very popular BIG BUCKS automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 25,000 bills per month,
very popular "BIG BUCKS" automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 25,000 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time is 12 days. Assuming a 30-day month, at what point should bills be reordered? Select one:
a. 834 bills remaining b. 0 bills remaining c. 5,000 bills remaining d. 10,000 bills remaining e. 25,000 bills remaining
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