Question: Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates
Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates 52 weeks in a year. Demand = 37438 units per year Ordering costs = $25.69 per order Holding costs = $1.6 per unit per year Using the Economic Order Quantity, calculate the TBO in weeks. Answer to one decimal place. Do not include the units, ie "weeks" in the answer. Round the final answer, not the intermediary steps
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