Question: Aveerage inventory level is 4 0 0 0 . She makes 2 6 orders a year if she orders 8 0 0 0 cases at
Aveerage inventory level is She makes orders a year if she orders cases at a time. If she places an order times a year she waits days between each order. To minamize total annual inventory carrying cost she orders cases at a time. What is the total annual cost of this inventory policy? Round your answer to the nearest dollar.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
