The Food Place Supermarket stocks Munchkin Cookies. Demand for Munchkins is 5000 boxes per year (365 days).

Question:

The Food Place Supermarket Munchkin Cookies. Demand for Munchkins is 5000 boxes per year (365 days). It costs the store $80 per order of Munchkins, and it costs $0.50 per box per year to keep the cookies in stock. Once an order for Munchkins is placed, it takes four days to receive the order from a food distributor. Determine the following:
a. Optimal order size
b. Minimum total annual inventory cost
c. Reorder point

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...