Question: From past experience, it appears that demand for an item is 3 , 0 7 5 units / year . The ordering cost is $

From past experience, it appears that demand for an item is 3,075 units/year. The ordering cost is
$50, the basic price of the item is $2, and an r value of 0.20 $/$/year is used. What is the time
between replenishments from a supplier in weeks (a year is 50 weeks), if the supplier delivers
with the rate of 4,000 units/year? What order quantity should be used?

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