Question: Demand for a book at Amazon is 130 units per week (assume 52 weeks per year). The book is supplied to Amazon from the book

Demand for a book at Amazon is 130 units per week (assume 52 weeks per year). The book is supplied to Amazon from the book publisher for $8 per book plus the cost of shipping the order. The shipping cost has a fixed cost of $47 per order and a variable cost of $2 per book shipped. So, the cost of the books is $10 per book, plus $47 times the number of orders placed. Assume the annual inventory carrying cost is 10 percent.

What is the average throughput time (in months)? Round to 3 decimal places

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!