Question: Problem 1 2 - 2 6 ( Algo ) A small copy center uses 4 4 3 0 - sheet boxes of copy paper a

Problem 12-26(Algo)
A small copy center uses 4430-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of 4 boxes per week and a standard deviation of .40 box per week. 3 weeks are required to fill an order for letterhead stationery. Ordering cost is $4, and annual holding cost is 36 cents per box. Use
a. Determine the economic order quantity, assuming a 52-week year. (Round your answer to the nearest whole number.)
EOQ
boxes
 Problem 12-26(Algo) A small copy center uses 4430-sheet boxes of copy

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!