Question: Problem 10-01 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,250 cases. A
Problem 10-01 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,250 cases. A case of the soft drink costs R&B $2. Ordering costs are $18 per order and holding costs are 23% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: Economic order quantity. If required, round your answer to two decimal places. Q* = 415.69 Reorder point. If required, round your answer to the nearest whole number. r = 50.87 Cycle time. If required, round your answer to two decimal places. T = 713.23 days Total annual cost. If required, round your answer to two decimal places. TC =
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