Question: The Operations Manager at SS&L is responsible for ordering cash for the BBS ATM from her home office. This ATM exclusively dispenses $
The Operations Manager at SS&L is responsible for ordering cash for the BBS ATM from her home office. This ATM exclusively dispenses $ bills and is highly popular. She calculates that on average, the machine dispenses bills per month, with a holding cost of percent of the bill's value annually. Additionally, each order for these bills incurs $ in clerical and armored car delivery expenses, with an order lead time of six days.
If she were to order bills at a time, what would be the dollar value of the average inventory level?
Question options:
$
$
$
$
$
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