Question: pring Enabled: Final Exam ( 4 5 politis: 1 5 questions, 5 . A jewelry firm buys semiprecious stones to make bracelets and rings. The
pring Enabled: Final Exam politis: questions,
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $e per stione for quantities of stones or more, $ per stone for orders of to stones, and $ per stone for liesser quantities. The jeveliny firm operates days per year. Usage rate is stones per day, and ordering costs are $
a If carrying costs are $ per year for each stone, find the order quantity that will minimize total annual cost. Do not round intermediate calculations, except for order quantities which should be rounded to the nearest whole number. Round your final answer to the nearest whole number.
Optimal order quantity
stones
b If annual carrying costs are percent of unit cost, what is the optimal ofder size? Do not round intermediate calculations, except for order quantities which should be rounded to the nearest whole number. Round your final answer to the nearest whole number.
Optimal order quantity
stones
c If lead time is working days, at what point should the company reorder? Do not round intermediate calculations. Round your final answer to the nearest whole number.
Reorder quantity
stones
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