Question: Answer for a and b question. Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,000 rolls. The cost per roll
Answer for a and b question.
Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,000 rolls. The cost per roll is $875, and the annual holding cost is 28 percent of the cost. Each order costs $55.
a. How many rolls should Yellow Press order at a time?
Yellow Press should order rolls at a time.
B. What is the time between orders ? ( Assume 275 workdays per year ) expresed in days
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