Question: Dot Com's optimal order quantity is _ books. (Enter your response rounded to the nearest whole number.) The optimal number of orders per year is

  1. Dot Com's optimal order quantity is _ books. (Enter your response rounded to the nearest whole number.)
  2. The optimal number of orders per year is _ orders. (Enter your response rounded to the nearest whole number)
  3. The optimal interval (in working days) between orders is _ days. (Enter your response rounded to one decimal place.)
  4. The demand during lead time is _ books. (Enter your response rounded to the nearest whole number.)
  5. The reorder point is _ books. (Enter your response rounded to the nearest whole number.)
  6. The inventory position immediately after an order has been placed is _ books. (Enter your response rounded to the nearest whole number.)
Dot Com's optimal order quantity is _ books.
At Dot Com, a large retailer of popular books, demand is constant at 20,400 books per year. The cost of placing an order to replenish stock is $15, and the annual cost of holding is $3.00 per book. Stock is received 6 working days after an order has been placed. No backordering is allowed. Assume 350 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded fo the nearest whote number.)

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!