Yellow Press, Inc. buys paper in 1,500-pound rolls for printing. Annual demand is 2,500 rolls. The cost
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Yellow Press, Inc. buys paper in 1,500-pound rolls for printing. Annual demand is 2,500 rolls. The cost per roll is $800 and the annual holding cost is 15 percent of the cost. Each order costs $50.
a. How many rolls should Yellow Press order at a time?
b. What is the time between orders?
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a Economic order quantity b Time b...View the full answer
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ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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