Question: D = 2 4 , 0 0 0 cases per year. S = $ 3 8 . 0 0 per order. I = 1 8
D cases per year.
S $ per order.
I
C $ per case.
L days,
Working days per year days
Determine the economic ordering point, total cost of goods for year
Calculate the reorder point and indicate after how many days will the company start reordering?
When ordering with Q how much cost will the company save compared
to deciding to order products time?
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