Question: Time range between orders if the company operates for 50 weeks in a year and reorder point. In 2019, Fadil Ahmad is an inventory manager

Time range between orders if the company operates for 50 weeks in a year and reorder point.

In 2019, Fadil Ahmad is an inventory manager in a company has purchased 250,000 micro-chips in every six months as a component in the production. A 20% of the purchased units be inventoried in the warehouse. Each micro-chip unit was sold in the market by $11, and its storage cost is $3 a unit. The ordering cost is $6,000 per shipment within three weeks of shipment. Calculate:

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