Question: Which inventory model would you use for the following situation? Poutine Paradise food truck is ordering compostable plateware to serve with its poutine dishes. The

Which inventory model would you use for the following situation?

Poutine Paradise food truck is ordering compostable plateware to serve with its poutine dishes. The plateware is sourced from a vendor across the country with a significant lead time. Due to the limited storage capabilities for this small company, the holding cost is significant. Poutine Paradise just opened this week so demand rate is relatively unknown, although they have calculated demand estimates. The vendor charges a fixed cost to place orders.

Economic Order Quantity

Newsvendor

Q,R Model

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