ssignment $8$

Problem $20-29($Algo$)$

$28$

A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries. The following data refer to a specific refrigerator in its product line:

points

Cost to place an order

Holding cost

cost of refrigerator

Annual demand

Standard deviation of demand during lead time

Lead time

$$80$ per order

$35$ percent of product cost per year

$$460$ per unit

$780$ units

$26$ units

$14$ days

References

Consider an even daily demand and a $365-$day year.

a$.$ What is the economic order quantity?

Note: Round your answer to the nearest whole number.

Economic order quantity

refrigerators