Fresh Market opens 300 days a year. The usage of cash register tape is on average...

 

  

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Fresh Market opens 300 days a year. The usage of cash register tape is on average about 5 rolls daily (daily demand). Fresh Market pays a flat fee $43 to place an order of cash register tape. It costs $1.6 if a roll of cash register tape is held in the inventory system for a year. What is the average inventory of cash register tape? Fresh Market opens 300 days a year. The usage of cash register tape is on average about 10 rolls daily (daily demand). Fresh Market pays a flat fee $41 to place an order of cash register tape. It costs $1.1 if a roll of cash register tape is held in the inventory system for a year. What is the number of orders per year? Fresh Market opens 300 days a year. The usage of cash register tape is on average about 5 rolls daily (daily demand). Fresh Market pays a flat fee $43 to place an order of cash register tape. It costs $1.6 if a roll of cash register tape is held in the inventory system for a year. What is the average inventory of cash register tape? Fresh Market opens 300 days a year. The usage of cash register tape is on average about 10 rolls daily (daily demand). Fresh Market pays a flat fee $41 to place an order of cash register tape. It costs $1.1 if a roll of cash register tape is held in the inventory system for a year. What is the number of orders per year?

Answer rating: 100% (QA)

We can solve both scenarios using the concept of Economic Order Quantity EOQ which helps determine t... View the full answer