Ernie, the purchasing manager for Sesame Chicken Incorporated, orders 500 units of item # SC167 at...
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Ernie, the purchasing manager for Sesame Chicken Incorporated, orders 500 units of item # SC167 at a time. Sesame Chicken Incorporated works 288 days a year. Item #SC167 has a demand of 19995 a year. The holding cost per unit per year for #SC167 is $3.00. It takes 4 days from the time Ernie places an order from the time it arrives at the door step of Sesame Chicken Incorporated. How many units of #SC167 should there be in inventory when Ernie places an order? Ernie, the purchasing manager for Sesame Chicken Incorporated, orders 500 units of item # SC167 at a time. Sesame Chicken Incorporated works 288 days a year. Item #SC167 has a demand of 19995 a year. The holding cost per unit per year for #SC167 is $3.00. It takes 4 days from the time Ernie places an order from the time it arrives at the door step of Sesame Chicken Incorporated. How many units of #SC167 should there be in inventory when Ernie places an order?
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Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Posted Date:
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