Assuming no safety stock, what is the re-order point (R) given an average daily demand of 65 units, a lead time of 8 days, and 720 units on hand?
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Assuming no safety stock, what is the re-order point (R) given an average daily demand of 65 units, a lead time of 8 days, and 720 units on hand?
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- Financial accountingIf annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order is $50, what is the annual ordering cost? a) 50. b) 600. c) 1200. d) 2400. e) Can not be determined.If annual demand is 60,000 units, the ordering cost is $30 per order, and the holding cost is $6 per unit per year, what is the optimal order quantity using the fixed-order quantity model?
- If D = 8,400 per month, S = $43 per order, and H = $1.50 per unit per month, a) What is the economic order quantity? The EOQ is 694 units (round your response to the nearest whole number). b) How does your answer change if the holding cost doubles? The EOQ is whole number). units (round your response to the nearestHELP6