Question: In Problem 30 in Chapter 15 the supplier receives shipments
In Problem 30 in Chapter 15, the supplier receives shipments of partially completed laptops from its manufacturing facility in Southeast Asia, which has maximum production rate of 200 units per day. Using the forecast of annual demand developed in that problem, an annual carrying cost of $115.75 (which includes an average obsolescence cost), a shipping cost from Asia of $6,500 per shipment, and a lead time for receiving an order of 25 days, determine the optimal order size, the minimum total annual inventory cost, the maximum inventory level, and the reorder point (given that the Bell assembly operation operates 365 days per year).
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