Question: Inventory: *Please note - these are new numbers from the previous problems* A product has an annual demand of 16,084 units. The unit price is

Inventory:

*Please note - these are new numbers from the previous problems*

A product has an annual demand of 16,084 units. The unit price is $76 each and the ordering cost is $75. The store uses a yearly inventory holding cost of 32% of the unit price. The company has decided to order 76 units every time they order and to order 17 times per year. There are 250 business days in a year.

How many days should they wait between orders? (round to a whole number)

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