Question: 15. Inventory: *Please note - these are new numbers from the previous problems* A product has an annual demand of 12,824 units. The unit price
15.
Inventory:
*Please note - these are new numbers from the previous problems*
A product has an annual demand of 12,824 units. The unit price is $58 each and the ordering cost is $45. The store uses a yearly inventory holding cost of 28% of the unit price. The company has decided to order 94 units every time they order and to order 36 times per year. There are 250 business days in a year.
How many days should they wait between orders? (round to a whole number)
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