Question: Please write down the the unit holding cost per case per year, the the optimal order quantity, and If applying the optimal order quantity you

Please write down the the unit holding cost per Please write down the the unit holding cost per case per year, the the optimal order quantity, and If applying the optimal order quantity you find, how many times does the firm need to order every year? What is the average inventory level if applying the optimal order quantity you find? and What are the total annual cost (only include holding cost and ordering cost) if applying your optimal order policy?

Question 11 1 pts Question 11 to 16 are based on the problem below. MamaMia's Pizza purchases its pizza delivery boxes from a printing supplier. MamaMia's delivers on- average 200 pizzas each month (assume deterministic demand). Boxes cost 20 cents each, and each order costs $10 to process. Because of limited storage space, the manager wants to charge inventory holding at 30 percent of the cost. The lead time is 7 days, and the restaurant is open 360 days per year, assuming 30 days per month. What is the reorder point for Mamamia's Pizza? Round your answer to the nearest whole number

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!