The homework is a mini case. The setup of the mini case is provided in Q1,...
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The homework is a mini case. The setup of the mini case is provided in Q1, and applies to all the questions in this homework. For questions where you need to give a numerical answer, round your answer to 2 digits after decimal unless otherwise specified. Please write the steps that led you to your answer in detail. Full points will be given to those that provide the correct intermediary steps and the answers. Q1 An allergy products superstore sells 500 of their most popular model of air filters each month. The cost of ordering and receiving shipments is $20 per order. Accounting estimates that annual inventory holding cost is $6. The store operates 240 days per year (operating days). The supplier lead time is 2 operating days. Each order is received from the supplier in a single delivery. There are no quantity discounts. What quantity should the store order with each order? Please provide an integer number. Answer: The homework is a mini case. The setup of the mini case is provided in Q1, and applies to all the questions in this homework. For questions where you need to give a numerical answer, round your answer to 2 digits after decimal unless otherwise specified. Please write the steps that led you to your answer in detail. Full points will be given to those that provide the correct intermediary steps and the answers. Q1 An allergy products superstore sells 500 of their most popular model of air filters each month. The cost of ordering and receiving shipments is $20 per order. Accounting estimates that annual inventory holding cost is $6. The store operates 240 days per year (operating days). The supplier lead time is 2 operating days. Each order is received from the supplier in a single delivery. There are no quantity discounts. What quantity should the store order with each order? Please provide an integer number. Answer:
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