Question: Question 16 6 pts At Rusty Pipe, a local retailer of plumbing supplies, demand for one of its best-selling SKUs is constant at 28,500 units

Question 16 6 pts At Rusty Pipe, a local retailer
Question 16 6 pts At Rusty Pipe, a local retailer of plumbing supplies, demand for one of its best-selling SKUs is constant at 28,500 units per year. Rusty Pipe purchases each unit for $20. The cost of placing an order to replenish stock is $55 and the annual holding cost per unit is estimated at 25%. Stock is received 9 working days with certainty after an order has been placed. No backorder is allowed. Assume 325 working days a year. What is the optimal number of orders per year? (Round your response to the nearest whole number.) 0 54 O 26 O 36 046 2 24 6 pts Testion 17

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