A poplar cafee shop is famas For its copee. The annoal demand for cofee bears 15 6600 ases andistable aertime. The cost of ordlering.cofee bearns from its. sOppliers is sa00 per order. The holding cost is fairly high at 340/cose peryear. The cafe is open 360. 1.0etermine fhe econamic order acantityP 20elenmine the minimem total anneal inventarY. cost? 3.pelermine tre optimal nonber of arders per year P

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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A poplar cafee shop is famos for its
copee. The annoal demand for cofee bears
15 6600 ases and is table aertime.
The costof ordering.cofe beans from its
soppliers is $a00 per order. The hold ing
cost is fairly high at $40/0se peryear.
The care is open 369.
1.0etermine fhe econamic arder acantityP
20elenmire the mini mam total anroal inventary
3.0elermine tre optimal nober of arders
per year P
4. Determine the oftimal tim-Getceeen
orders(indap).
Transcribed Image Text:A poplar cafee shop is famos for its copee. The annoal demand for cofee bears 15 6600 ases and is table aertime. The costof ordering.cofe beans from its soppliers is $a00 per order. The hold ing cost is fairly high at $40/0se peryear. The care is open 369. 1.0etermine fhe econamic arder acantityP 20elenmire the mini mam total anroal inventary 3.0elermine tre optimal nober of arders per year P 4. Determine the oftimal tim-Getceeen orders(indap).
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