Question: Question 52 (3 points) A firm uses 49,300 widgets per year. Carrying costs are $2 and ordering costs are $175. They operate 240 days per

Question 52 (3 points) A firm uses 49,300 widgets
Question 52 (3 points) A firm uses 49,300 widgets per year. Carrying costs are $2 and ordering costs are $175. They operate 240 days per year. What is the optimal order size? Do not round intermediate calculations. Round your answer to a whole number. Your Answer: Answer Question 53 (3 points) Demand during lead time is historically about 94. It is normally distributed with a standard deviation during lead time of 12. They will use a stockout risk of three percent What is the reorder point, including the safety stock. Round your answer to a whole number. Your

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!