Question: NEED REFUND, DONT ANSWER I WILL DISLIKE. LEAVE THIS 17. The monthly demand for power drill is 3000 units at a hardware store. (The store
NEED REFUND, DONT ANSWER I WILL DISLIKE. LEAVE THIS
17. The monthly demand for power drill is 3000 units at a hardware store. (The store opens 30 days a month). After using the EOQ model, the store finds that is optimal to place an order of 1000 units each time. Which of the following is true?
A) 3 orders are placed per month
B) The store incurs the lowest total annual costs by ordering 1000 units each time it places an order
C) The length b/ 2 consecutive orders is 10 working days
D) The average inventory at the store is 500 units
23. If the distributer orders 450 units every time, what are the total annual costs incurred by the distributor?
A) 3127750
B) 500000
C) 2525750
D) 45000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
