Question: An optimal order quantity is calculated and reported as 1 2 5 0 for a business with a monthly demand of 3 2 0 units

An optimal order quantity is calculated and reported as 1250 for a business with a monthly demand of 320 units which is open for 350 days a year, how often (in business days) should they reorder?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!