a. How many rolls should Yellow Press order at a time? Yellow Press should order enter your response here rolls at a time. (Enter your response rounded to the nearest whole number.) Part 3 b. What is the time between orders? (Assume 200 workdays per year.) The time between orders is enter your response here days. (Enter your response rounded to one decimal place.)
a. How many rolls should Yellow Press order at a time? Yellow Press should order enter your response here rolls at a time. (Enter your response rounded to the nearest whole number.) Part 3 b. What is the time between orders? (Assume 200 workdays per year.) The time between orders is enter your response here days. (Enter your response rounded to one decimal place.)
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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Question
Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is
3,000
rolls. The cost per roll is
$1,000,
and the annual holding cost is
28
percent of the cost. Each order costs
$75.
Part 2
a. How many rolls should Yellow Press order at a time?
Yellow Press should order
enter your response here
rolls at a time. (Enter your response rounded to the nearest whole number.)Part 3
b. What is the time between orders? (Assume
200
workdays per year.)The time between orders is
enter your response here
days. (Enter your response rounded to one decimal place.)Expert Solution
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