A local distributor for a national tire company expects to sell approximately 9,720 tires of a certain size and tread design next year. Annual carrying cost is $17 per tire and ordering cost is $82. The distributor operates 288 days a year. a. What is the EOQ? (Round your answer to a whole number.) EQQ 306 b. How many times per year does the store reorder? (Round your answer to two decimal points.) Number of Orders per Year 31.76 c. What is the length of an order cycle? (Round your answer to two decimal points.) Length of Order Cycle) 9.63

A local distributor for a national tire company expects to sell approximately 9,720 tires of a certain size and tread design next year. Annual carrying cost is $17 per tire and ordering cost is $82. The distributor operates 288 days a year. a. What is the EOQ? (Round your answer to a whole number.) EQQ 306 b. How many times per year does the store reorder? (Round your answer to two decimal points.) Number of Orders per Year 31.76 c. What is the length of an order cycle? (Round your answer to two decimal points.) Length of Order Cycle) 9.63

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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