Question: A company assembles several components to make a product. One of the components needed are purchased for $25.2 per unit from a manufacturer. The store
A company assembles several components to make a product. One of the components needed are purchased for $25.2 per unit from a manufacturer. The store requests the manufacturer to send a shipment every 10 weeks. The holding cost per year is 10.3 percent of the unit purchase price. The order lead time is 2 weeks. The company operates 52 weeks per year. Assume the weekly demand is constant at 71 units. Use at least 4 decimal places. What is the appropriate order quantity if the store wants to have a shipment every 10 weeks? A company assembles several components to make a product. One of the components needed are purchased for $25.2 per unit from a manufacturer. The store requests the manufacturer to send a shipment every 10 weeks. The holding cost per year is 10.3 percent of the unit purchase price. The order lead time is 2 weeks. The company operates 52 weeks per year. Assume the weekly demand is constant at 71 units. Use at least 4 decimal places. What is the appropriate order quantity if the store wants to have a shipment every 10 weeks
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