Question: is on hand initially ) is 1 , 0 0 0 bags. Each bag costs the center $ 1 . 5 0 , inventory carrying
is on hand initially is bags. Each bag costs the center $ inventory carrying costs are percent, and the cost of placing an order with its supplier is $ Assume operational days per year.
a What is the economic order quantity? Note: Format is
b What is the maximum inventory of IV solution bags? Note: Format is
c What is the center's average inventory of IV solution bags?
Note:
Format is
d How often must the center order in days Note: Round DOWN to the nearest day for this problem. Format is: days
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