Question: Refer to question 6 - 2 0 through 6 - 2 2 in the Discussion Questions and Problems section at the end of Chapter 6
Refer to question through in the Discussion Questions and Problems section at the end of Chapter
a How many number screws should Lila order at a time if she wishes to minimize total inventory cost? number
screws
b How many orders per year would be placed?
c What is the annual ordering cost? $ per year
d What is the average inventory?
units
e What would the annual holding cost be $ per year
f What is the ROP? number screws
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