You are a buyer for a widget: Annual Demand = 1200 (assume continuous constant rate) Price =
Fantastic news! We've Found the answer you've been seeking!
Question:
You are a buyer for a widget:
Annual Demand = 1200 (assume continuous constant rate)
Price = $40
Order Cost = $2000
Inventory Holding Cost = 20%
Lead Time = 14-Days
What is the optimal order quantity?
Answer in number of widgets you order every time you place an order. Round to nearest whole number (no decimal places)
Posted Date: